PPP Loan information for The ritz, inc.

$116,608

The ritz, inc. was initially approved for PPP Loan of amount $116,608, the current approved amount is $116,608. The loan was approved on 04/05/2020 by The State Bank reported 20 jobs and $116,608 was used to fund payroll.

The ritz, inc. is New Business or 2 years or less

THE RITZ, INC.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THE RITZ, INC.

Borrower Address

PO BOX 568

Borrower City

ARNOLDS PARK

Borrower State

IA

Borrower Zip

51331-0568

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116607.50

Current Approval Amount

116607.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24983

Servicing Lender Name

State Bank

Servicing Lender Address

728 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3644

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ARNOLDS PARK

Project County Name

DICKINSON

Project State

IA

Project Zip

51331-0568

CD

IA-04

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

93286.10

Mortgage Interest Proceed

0.00

Rent Proceed

23321.40

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24983

Originating Lender

State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117605.14

Forgiveness Date

02/16/2021

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