PPP Loan information for Rite way auto sales

$38,500

Rite way auto sales was initially approved for PPP Loan of amount $17,700, the current approved amount is $38,500. The loan was approved on 04/13/2020 by The 1st Source Bank reported 4 jobs and $38,500 was used to fund payroll.

Rite way auto sales is Existing or more than 2 years old

PPP Loan Search / IN / MISHAWAKA / Rite way auto sales

RITE WAY AUTO SALES

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RITE WAY AUTO SALES

Borrower Address

422 W McKinley Ave

Borrower City

MISHAWAKA

Borrower State

IN

Borrower Zip

46545-5522

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17700.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MISHAWAKA

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46545-5522

CD

IN-02

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38722.44

Forgiveness Date

11/17/2020

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