PPP Loan information for Rite engineering company

$365,400

Rite engineering company was initially approved for PPP Loan of amount $365,400, the current approved amount is $365,400. The loan was approved on 04/10/2020 by The Johnson Bank reported 22 jobs and $365,400 was used to fund payroll.

Rite engineering company is Existing or more than 2 years old

PPP Loan Search / WI / FRANKSVILLE / Rite engineering company

RITE ENGINEERING COMPANY

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RITE ENGINEERING COMPANY

Borrower Address

8809 INDUSTRIAL DR

Borrower City

FRANKSVILLE

Borrower State

WI

Borrower Zip

53126-9337

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

365400.00

Current Approval Amount

365400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKSVILLE

Project County Name

RACINE

Project State

WI

Project Zip

53126-9337

CD

WI-01

Jobs Reported

22

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45675.00

Payroll Proceed

274050.00

Mortgage Interest Proceed

45675.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

368223.09

Forgiveness Date

01/25/2021

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