PPP Loan information for Rite way ventilating co.

$1,950,000

Rite way ventilating co. was initially approved for PPP Loan of amount $1,950,000, the current approved amount is $1,950,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 125 jobs and $1,950,000 was used to fund payroll.

Rite way ventilating co. is Existing or more than 2 years old

PPP Loan Search / AZ / TUCSON / Rite way ventilating co.

RITE WAY VENTILATING CO.

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

RITE WAY VENTILATING CO.

Borrower Address

4551 S ALVERNON WAY

Borrower City

TUCSON

Borrower State

AZ

Borrower Zip

85714

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1950000.00

Current Approval Amount

1950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUCSON

Project County Name

PIMA

Project State

AZ

Project Zip

85714-0001

CD

AZ-07

Jobs Reported

125

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

1803600.00

Mortgage Interest Proceed

51400.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1967676.75

Forgiveness Date

03/31/2021

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