PPP Loan information for Rite engineering company

$365,498

Rite engineering company was initially approved for PPP Loan of amount $365,498, the current approved amount is $365,498. The loan was approved on 02/11/2021 by The Johnson Bank reported 22 jobs and $365,498 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

02/11/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

RITE ENGINEERING COMPANY

Borrower Address

8809 Industrial Dr

Borrower City

Franksville

Borrower State

WI

Borrower Zip

53126-9337

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

365497.50

Current Approval Amount

365497.50

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

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

365495.50

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

369583.06

Forgiveness Date

03/31/2022

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