PPP Loan information for Right-way painting inc.

$78,750

Right-way painting inc. was initially approved for PPP Loan of amount $78,750, the current approved amount is $78,750. The loan was approved on 04/07/2020 by The Home Federal Savings Bank reported 9 jobs and $78,750 was used to fund payroll.

Right-way painting inc. is Existing or more than 2 years old

PPP Loan Search / MN / OWATONNA / Right-way painting inc.

RIGHT-WAY PAINTING INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIGHT-WAY PAINTING INC.

Borrower Address

631 North Cedar Ave

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-2323

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78750.00

Current Approval Amount

78750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-2323

CD

MN-01

Jobs Reported

9

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78750.00

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

Subchapter S Corporation

Originating Lender Location Id

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79351.56

Forgiveness Date

01/14/2021

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