PPP Loan information for Rightech, inc

$1,376,800

Rightech, inc was initially approved for PPP Loan of amount $1,376,800, the current approved amount is $1,376,800. The loan was approved on 04/28/2020 by The Legacy Bank reported 90 jobs and $1,376,800 was used to fund payroll.

Rightech, inc is Existing or more than 2 years old

RIGHTECH, INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RIGHTECH, INC

Borrower Address

517 Route 1 South

Borrower City

Iselin

Borrower State

NJ

Borrower Zip

08830-3023

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1376800.00

Current Approval Amount

1376800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iselin

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08830-3023

CD

NJ-06

Jobs Reported

90

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1376800.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1387623.18

Forgiveness Date

02/11/2021

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