PPP Loan information for Ritway inc

$505,500

Ritway inc was initially approved for PPP Loan of amount $505,500, the current approved amount is $505,500. The loan was approved on 04/16/2020 by The Regions Bank reported 46 jobs and $505,500 was used to fund payroll.

Ritway inc is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Ritway inc

RITWAY INC

Date Approved

04/16/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RITWAY INC

Borrower Address

1463 E WEISGARBER RD

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37909-2673

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505500.00

Current Approval Amount

505500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37909-2673

CD

TN-02

Jobs Reported

46

NAICS Code

423990

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

505500.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

508145.22

Forgiveness Date

11/05/2020

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