PPP Loan information for Rite technology inc

$350,000

Rite technology inc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 31 jobs and $350,000 was used to fund payroll.

Rite technology inc is Existing or more than 2 years old

PPP Loan Search / FL / SARASOTA / Rite technology inc

RITE TECHNOLOGY INC

Date Approved

04/05/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

RITE TECHNOLOGY INC

Borrower Address

1744 INDEPENDENCE BLVD

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34234-2105

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34234-2105

CD

FL-17

Jobs Reported

31

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16900.00

Payroll Proceed

285000.00

Mortgage Interest Proceed

0.00

Rent Proceed

34700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13400.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

354365.28

Forgiveness Date

07/07/2021

;