PPP Loan information for Rite development inc.

$75,211

Rite development inc. was initially approved for PPP Loan of amount $75,211, the current approved amount is $75,211. The loan was approved on 01/16/2021 by The Century Bank reported 9 jobs and $75,211 was used to fund payroll.

Rite development inc. is Existing or more than 2 years old

RITE DEVELOPMENT INC.

Date Approved

01/16/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RITE DEVELOPMENT INC.

Borrower Address

12351 Highway 188

Borrower City

Grand Bay

Borrower State

AL

Borrower Zip

36541-5805

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75210.85

Current Approval Amount

75210.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39529

Servicing Lender Name

Century Bank

Servicing Lender Address

4282 Main St

Servicing Lender City

LUCEDALE

Servicing Lender State

MS

Servicing Lender Zip

39452-6752

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Bay

Project County Name

MOBILE

Project State

AL

Project Zip

36541-5805

CD

AL-01

Jobs Reported

9

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75210.85

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39529

Originating Lender

Century Bank

Originating Lender City

LUCEDALE

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75503.45

Forgiveness Date

06/14/2021

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