PPP Loan information for Rite enterprises, inc

$199,600

Rite enterprises, inc was initially approved for PPP Loan of amount $199,600, the current approved amount is $199,600. The loan was approved on 04/09/2020 by The American Heritage National Bank reported 16 jobs and $199,600 was used to fund payroll.

Rite enterprises, inc is Existing or more than 2 years old

PPP Loan Search / MN / SARTELL / Rite enterprises, inc

RITE ENTERPRISES, INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RITE ENTERPRISES, INC

Borrower Address

1001 2ND ST S - Suite 100

Borrower City

SARTELL

Borrower State

MN

Borrower Zip

56377-1911

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199600.00

Current Approval Amount

199600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38326

Servicing Lender Name

American Heritage National Bank

Servicing Lender Address

24 2nd St South

Servicing Lender City

LONG PRAIRIE

Servicing Lender State

MN

Servicing Lender Zip

56347-1327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARTELL

Project County Name

STEARNS

Project State

MN

Project Zip

56377-1911

CD

MN-06

Jobs Reported

16

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36902.00

Payroll Proceed

159698.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38326

Originating Lender

American Heritage National Bank

Originating Lender City

LONG PRAIRIE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201074.82

Forgiveness Date

01/07/2021

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