PPP Loan information for Rite lite signs inc

$656,417

Rite lite signs inc was initially approved for PPP Loan of amount $656,417, the current approved amount is $656,417. The loan was approved on 01/17/2021 by The Uwharrie Bank reported 61 jobs and $656,417 was used to fund payroll.

Rite lite signs inc is Existing or more than 2 years old

RITE LITE SIGNS INC

Date Approved

01/17/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RITE LITE SIGNS INC

Borrower Address

1000 Biscayne Dr

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-8402

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

656416.95

Current Approval Amount

656416.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-8402

CD

NC-12

Jobs Reported

61

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

656411.95

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

Corporation

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

659826.67

Forgiveness Date

07/28/2021

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