PPP Loan information for Rite choice cooking and catering

$7,745

Rite choice cooking and catering was initially approved for PPP Loan of amount $7,745, the current approved amount is $7,745. The loan was approved on 04/05/2020 by The Cherokee State Bank reported 3 jobs and $7,745 was used to fund payroll.

Rite choice cooking and catering is New Business or 2 years or less

RITE CHOICE COOKING AND CATERING

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RITE CHOICE COOKING AND CATERING

Borrower Address

122 E MAIN ST

Borrower City

CHEROKEE

Borrower State

IA

Borrower Zip

51012-1850

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7745.00

Current Approval Amount

7745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHEROKEE

Project County Name

CHEROKEE

Project State

IA

Project Zip

51012-1850

CD

IA-04

Jobs Reported

3

NAICS Code

722513

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7745.00

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

Sole Proprietorship

Originating Lender Location Id

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7819.48

Forgiveness Date

04/02/2021

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