PPP Loan information for Rite-tech enterprises inc

$75,487

Rite-tech enterprises inc was initially approved for PPP Loan of amount $75,487, the current approved amount is $75,487. The loan was approved on 01/17/2021 by The Chelsea State Bank reported 7 jobs and $75,487 was used to fund payroll.

Rite-tech enterprises inc is Existing or more than 2 years old

PPP Loan Search / MI / Chelsea / Rite-tech enterprises inc

RITE-TECH ENTERPRISES INC

Date Approved

01/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RITE-TECH ENTERPRISES INC

Borrower Address

2401 S Fletcher Rd

Borrower City

Chelsea

Borrower State

MI

Borrower Zip

48118-9620

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75487.00

Current Approval Amount

75487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-9620

CD

MI-06

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

75484.00

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

76111.58

Forgiveness Date

11/26/2021

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