PPP Loan information for Rite track equipment services, inc.

$650,000

Rite track equipment services, inc. was initially approved for PPP Loan of amount $650,000, the current approved amount is $650,000. The loan was approved on 04/09/2020 by The The Park National Bank reported 42 jobs and $650,000 was used to fund payroll.

Rite track equipment services, inc. is Existing or more than 2 years old

RITE TRACK EQUIPMENT SERVICES, INC.

Date Approved

04/09/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

RITE TRACK EQUIPMENT SERVICES, INC.

Borrower Address

8655 RITE TRACK WAY

Borrower City

WEST CHESTER

Borrower State

OH

Borrower Zip

45069-7064

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650000.00

Current Approval Amount

650000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST CHESTER

Project County Name

BUTLER

Project State

OH

Project Zip

45069-7064

CD

OH-08

Jobs Reported

42

NAICS Code

333242

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23000.00

Payroll Proceed

520000.00

Mortgage Interest Proceed

0.00

Rent Proceed

52000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

27000.00

Debt Interest Proceed

28000

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

655021.92

Forgiveness Date

02/01/2021

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