Rite Engineering Company
$365,400 PPP Loan in Franksville, Wisconsin
Loan Details
- Loan Number
- 1241917100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $365,400
- Current Approval
- $365,400
- Forgiveness Amount
- $368,223
- Forgiveness Date
- Jan 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rite Engineering Company
- Address
- 8809 Industrial Dr
- City
- Franksville
- State
- Wisconsin
- ZIP Code
- 53126-9337
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $5.4M
- Rural/Urban
- Urban
- Congressional District
- WI-01
Loan Use Breakdown
- Payroll
- $274,050
- Utilities
- $45,675
- Mortgage Interest
- $45,675
Lender Information
- Servicing Lender
- Johnson Bank
- Originating Lender
- Johnson Bank
Other PPP Loans in Franksville, WI
| Business | Approved | |
|---|---|---|
| Johns Disposal Service INC | $1,995,700 | |
| Quick Cable Corporation | $1,385,100 | |
| Pro Electric, Inc. | $1,146,352 | |
| Time Transport, Inc. | $1,028,000 | |
| Engineered Products & Services, Inc. | $945,048 |
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