PPP Loan information for Rite machine products inc

$247,512

Rite machine products inc was initially approved for PPP Loan of amount $247,512, the current approved amount is $247,512. The loan was approved on 02/20/2021 by The The Huntington National Bank reported 17 jobs and $247,512 was used to fund payroll.

Rite machine products inc is Existing or more than 2 years old

PPP Loan Search / MI / Clinton Twp / Rite machine products inc

RITE MACHINE PRODUCTS INC

Date Approved

02/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RITE MACHINE PRODUCTS INC

Borrower Address

44795 Enterprise Dr

Borrower City

Clinton Twp

Borrower State

MI

Borrower Zip

48038-1535

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

247512.00

Current Approval Amount

247512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton Twp

Project County Name

MACOMB

Project State

MI

Project Zip

48038-1535

CD

MI-10

Jobs Reported

17

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

247512.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

249275.10

Forgiveness Date

11/10/2021

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