PPP Loan information for Food rite inc

$39,155

Food rite inc was initially approved for PPP Loan of amount $39,155, the current approved amount is $39,155. The loan was approved on 04/28/2020 by The Calvin B. Taylor Banking Company reported 22 jobs and $39,155 was used to fund payroll.

Food rite inc is Existing or more than 2 years old

FOOD RITE INC

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

FOOD RITE INC

Borrower Address

308 E Market Street

Borrower City

SNOW HILL

Borrower State

MD

Borrower Zip

21863

Loan Status Date

10/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39155.48

Current Approval Amount

39155.48

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30471

Servicing Lender Name

Calvin B. Taylor Banking Company

Servicing Lender Address

24 N Main St

Servicing Lender City

BERLIN

Servicing Lender State

MD

Servicing Lender Zip

21811-1029

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SNOW HILL

Project County Name

WORCESTER

Project State

MD

Project Zip

21863-0001

CD

MD-01

Jobs Reported

22

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39155.48

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

30471

Originating Lender

Calvin B. Taylor Banking Company

Originating Lender City

BERLIN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39654.31

Forgiveness Date

08/10/2021

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