PPP Loan information for Rite-way industries, inc.

$279,105

Rite-way industries, inc. was initially approved for PPP Loan of amount $279,105, the current approved amount is $279,105. The loan was approved on 04/13/2020 by The German American Bank reported 22 jobs and $279,105 was used to fund payroll.

Rite-way industries, inc. is Existing or more than 2 years old

PPP Loan Search / IN / NEW ALBANY / Rite-way industries, inc.

RITE-WAY INDUSTRIES, INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RITE-WAY INDUSTRIES, INC.

Borrower Address

4201 REAS LN

Borrower City

NEW ALBANY

Borrower State

IN

Borrower Zip

47150-2232

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

279105.00

Current Approval Amount

279105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ALBANY

Project County Name

FLOYD

Project State

IN

Project Zip

47150-2232

CD

IN-09

Jobs Reported

22

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

279105.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

281253.73

Forgiveness Date

01/28/2021

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