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
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

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