PPP Loan information for Rite-way excavation, inc.

$31,500

Rite-way excavation, inc. was initially approved for PPP Loan of amount $31,500, the current approved amount is $31,500. The loan was approved on 05/21/2020 by The 1st Trust Bank, Inc. reported 6 jobs and $31,500 was used to fund payroll.

Rite-way excavation, inc. is Existing or more than 2 years old

PPP Loan Search / KY / LONDON / Rite-way excavation, inc.

RITE-WAY EXCAVATION, INC.

Date Approved

05/21/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

RITE-WAY EXCAVATION, INC.

Borrower Address

975 SLATE LICK RD

Borrower City

LONDON

Borrower State

KY

Borrower Zip

40741-6043

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31500.00

Current Approval Amount

31500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426685

Servicing Lender Name

1st Trust Bank, Inc.

Servicing Lender Address

44 Commerce Dr

Servicing Lender City

HAZARD

Servicing Lender State

KY

Servicing Lender Zip

41701-8093

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONDON

Project County Name

LAUREL

Project State

KY

Project Zip

40741-6043

CD

KY-05

Jobs Reported

6

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

27000.00

Mortgage Interest Proceed

2500.00

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

426685

Originating Lender

1st Trust Bank, Inc.

Originating Lender City

HAZARD

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31861.60

Forgiveness Date

07/15/2021

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