PPP Loan information for Ritec inc

$103,848

Ritec inc was initially approved for PPP Loan of amount $103,848, the current approved amount is $103,848. The loan was approved on 02/09/2021 by The Bank Rhode Island reported 10 jobs and $103,848 was used to fund payroll.

Ritec inc is Existing or more than 2 years old

RITEC INC

Date Approved

02/09/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

RITEC INC

Borrower Address

60 Alhambra Rd Ste 5

Borrower City

Warwick

Borrower State

RI

Borrower Zip

02886-1442

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103848.07

Current Approval Amount

103848.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warwick

Project County Name

KENT

Project State

RI

Project Zip

02886-1442

CD

RI-02

Jobs Reported

10

NAICS Code

334417

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

103844.07

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

Corporation

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

104344.23

Forgiveness Date

08/03/2021

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