PPP Loan information for Rite-way foundations, inc.

$383,000

Rite-way foundations, inc. was initially approved for PPP Loan of amount $383,000, the current approved amount is $383,000. The loan was approved on 04/04/2020 by The Georgia Primary Bank reported 50 jobs and $383,000 was used to fund payroll.

Rite-way foundations, inc. is New Business or 2 years or less

RITE-WAY FOUNDATIONS, INC.

Date Approved

04/04/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RITE-WAY FOUNDATIONS, INC.

Borrower Address

150 Mauldin Dr

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30004-2932

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

383000.00

Current Approval Amount

383000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

451141

Servicing Lender Name

Georgia Primary Bank

Servicing Lender Address

3880 Roswell Rd NE

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30342-4418

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALPHARETTA

Project County Name

FORSYTH

Project State

GA

Project Zip

30004-2932

CD

GA-06

Jobs Reported

50

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

383000.00

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

451141

Originating Lender

Georgia Primary Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

385521.42

Forgiveness Date

12/08/2020

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