PPP Loan information for Rightway electric

$24,000

Rightway electric was initially approved for PPP Loan of amount $24,000, the current approved amount is $24,000. The loan was approved on 04/30/2020 by The Citizens Bank, National Association reported 4 jobs and $24,000 was used to fund payroll.

Rightway electric is Existing or more than 2 years old

RIGHTWAY ELECTRIC

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RIGHTWAY ELECTRIC

Borrower Address

249 Linden St

Borrower City

Fall River

Borrower State

MA

Borrower Zip

02720

Loan Status Date

12/16/2021

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

24000.00

Current Approval Amount

24000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fall River

Project County Name

BRISTOL

Project State

MA

Project Zip

02720-0001

CD

MA-04

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;