PPP Loan information for Rite pros inc

$927,300

Rite pros inc was initially approved for PPP Loan of amount $927,300, the current approved amount is $927,300. The loan was approved on 04/30/2020 by The Union National Bank reported 50 jobs and $927,300 was used to fund payroll.

Rite pros inc is Unanswered

PPP Loan Search / IL / SCHAUMBURG / Rite pros inc

RITE PROS INC

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RITE PROS INC

Borrower Address

1111, N Plaza Dr, Ste 440

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

927300.00

Current Approval Amount

927300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-1000

CD

IL-08

Jobs Reported

50

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

927300.00

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

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

939895.82

Forgiveness Date

09/02/2021

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