PPP Loan information for Rite way electric llc

$35,000

Rite way electric llc was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 04/29/2020 by The Timberline Bank reported 5 jobs and $35,000 was used to fund payroll.

Rite way electric llc is Existing or more than 2 years old

PPP Loan Search / CO / FRUITA / Rite way electric llc

RITE WAY ELECTRIC LLC

Date Approved

04/29/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

RITE WAY ELECTRIC LLC

Borrower Address

295 PO BOX

Borrower City

FRUITA

Borrower State

CO

Borrower Zip

81521-0241

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRUITA

Project County Name

MESA

Project State

CO

Project Zip

81521-0241

CD

CO-03

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26250.00

Mortgage Interest Proceed

0.00

Rent Proceed

8750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

35452.08

Forgiveness Date

08/23/2021

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