PPP Loan information for Riten industries inc.

$485,818

Riten industries inc. was initially approved for PPP Loan of amount $485,818, the current approved amount is $485,818. The loan was approved on 04/06/2020 by The The Merchants National Bank reported 51 jobs and $485,818 was used to fund payroll.

Riten industries inc. is Existing or more than 2 years old

PPP Loan Search / OH / WASHINGTON COURT HOUSE / Riten industries inc.

RITEN INDUSTRIES INC.

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

RITEN INDUSTRIES INC.

Borrower Address

1100 LAKEVIEW AVE

Borrower City

WASHINGTON COURT HOUSE

Borrower State

OH

Borrower Zip

43160-1037

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

485817.50

Current Approval Amount

485817.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57641

Servicing Lender Name

The Merchants National Bank

Servicing Lender Address

100 N High St

Servicing Lender City

HILLSBORO

Servicing Lender State

OH

Servicing Lender Zip

45133-1152

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON COURT HOUSE

Project County Name

FAYETTE

Project State

OH

Project Zip

43160-1037

CD

OH-15

Jobs Reported

51

NAICS Code

332111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4500.00

Payroll Proceed

450000.00

Mortgage Interest Proceed

31317.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57641

Originating Lender

The Merchants National Bank

Originating Lender City

HILLSBORO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

488624.45

Forgiveness Date

11/03/2020

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