PPP Loan information for Rite choice heating inc

$154,397

Rite choice heating inc was initially approved for PPP Loan of amount $154,397, the current approved amount is $154,397. The loan was approved on 01/26/2021 by The Isabella Bank reported 18 jobs and $154,397 was used to fund payroll.

Rite choice heating inc is Existing or more than 2 years old

PPP Loan Search / MI / Evart / Rite choice heating inc

RITE CHOICE HEATING INC

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RITE CHOICE HEATING INC

Borrower Address

120 W 7th St

Borrower City

Evart

Borrower State

MI

Borrower Zip

49631-5103

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154397.00

Current Approval Amount

154397.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Evart

Project County Name

OSCEOLA

Project State

MI

Project Zip

49631-5103

CD

MI-02

Jobs Reported

18

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

154395.00

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

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

155137.26

Forgiveness Date

07/26/2021

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