PPP Loan information for Riteway auto sales inc

$95,700

Riteway auto sales inc was initially approved for PPP Loan of amount $95,700, the current approved amount is $95,700. The loan was approved on 04/09/2020 by The Community Bank of Mississippi reported 25 jobs and $95,700 was used to fund payroll.

Riteway auto sales inc is Existing or more than 2 years old

PPP Loan Search / AL / MUNFORD / Riteway auto sales inc

RITEWAY AUTO SALES INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RITEWAY AUTO SALES INC

Borrower Address

49855 AL HIGHWAY 21 S

Borrower City

MUNFORD

Borrower State

AL

Borrower Zip

36268-5865

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95700.00

Current Approval Amount

95700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUNFORD

Project County Name

TALLADEGA

Project State

AL

Project Zip

36268-5865

CD

AL-03

Jobs Reported

25

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13392.94

Payroll Proceed

82307.06

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96318.77

Forgiveness Date

12/09/2020

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