PPP Loan information for Rite lite signs, inc.

$656,418

Rite lite signs, inc. was initially approved for PPP Loan of amount $656,418, the current approved amount is $656,418. The loan was approved on 04/28/2020 by The Uwharrie Bank reported 61 jobs and $656,418 was used to fund payroll.

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

PPP Loan Search / NC / Concord / Rite lite signs, inc.

RITE LITE SIGNS, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RITE LITE SIGNS, INC.

Borrower Address

1000 Biscayne Drive

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

656417.50

Current Approval Amount

656417.50

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

28027-0001

CD

NC-12

Jobs Reported

61

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4230.42

Payroll Proceed

641562.08

Mortgage Interest Proceed

0.00

Rent Proceed

10625.00

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

661522.97

Forgiveness Date

02/09/2021

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