PPP Loan information for Rite- way industries inc

$279,107

Rite- way industries inc was initially approved for PPP Loan of amount $279,107, the current approved amount is $279,107. The loan was approved on 01/26/2021 by The German American Bank reported 20 jobs and $279,107 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

01/26/2021

SBA Office Code

0562

Processing Method

PPS

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

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

279107.25

Current Approval Amount

279107.25

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

20

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

279106.25

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

281278.93

Forgiveness Date

11/10/2021

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