PPP Loan information for Ritesoft, llc

$206,400

Ritesoft, llc was initially approved for PPP Loan of amount $206,400, the current approved amount is $206,400. The loan was approved on 04/09/2020 by The Deerwood Bank reported 12 jobs and $206,400 was used to fund payroll.

Ritesoft, llc is Existing or more than 2 years old

PPP Loan Search / MN / SAINT CLOUD / Ritesoft, llc

RITESOFT, LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RITESOFT, LLC

Borrower Address

3717 23rd Street South Suite 102

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56301-5094

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206400.00

Current Approval Amount

206400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56301-5094

CD

MN-06

Jobs Reported

12

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1200.00

Payroll Proceed

175000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9500.00

Debt Interest Proceed

5300

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

207988.13

Forgiveness Date

01/20/2021

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