PPP Loan information for Ritway inc

$421,425

Ritway inc was initially approved for PPP Loan of amount $421,425, the current approved amount is $421,425. The loan was approved on 03/04/2021 by The Regions Bank reported 33 jobs and $421,425 was used to fund payroll.

Ritway inc is Existing or more than 2 years old

RITWAY INC

Date Approved

03/04/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

RITWAY INC

Borrower Address

1463 E Weisgarber Rd

Borrower City

Knoxville

Borrower State

TN

Borrower Zip

37909-2673

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

421425.00

Current Approval Amount

421425.00

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

33

NAICS Code

423990

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

421423.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

423791.91

Forgiveness Date

10/07/2021

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