PPP Loan information for Rite way heating & a/c inc.

$250,000

Rite way heating & a/c inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 01/23/2021 by The BMO Harris Bank National Association reported 25 jobs and $250,000 was used to fund payroll.

Rite way heating & a/c inc. is Existing or more than 2 years old

RITE WAY HEATING & A/C INC.

Date Approved

01/23/2021

SBA Office Code

1086

Processing Method

PPP

Borrower Name

RITE WAY HEATING & A/C INC.

Borrower Address

3095 NW 366th Pl

Borrower City

Cornelius

Borrower State

OR

Borrower Zip

97113-6301

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cornelius

Project County Name

WASHINGTON

Project State

OR

Project Zip

97113-6301

CD

OR-01

Jobs Reported

25

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249997.00

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

Subchapter S Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

251006.94

Forgiveness Date

06/23/2021

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