Riten Industries Inc.

$485,818 PPP Loan in Washington Court House, Ohio

Loan Details

Loan Number
5614777010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$485,818
Current Approval
$485,818
Forgiveness Amount
$488,624
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Riten Industries Inc.
Address
1100 Lakeview Ave
State
Ohio
ZIP Code
43160-1037
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332111)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$12.5M
Rural/Urban
Rural
Congressional District
OH-15

Loan Use Breakdown

Payroll
$450,000
Utilities
$4,500
Mortgage Interest
$31,318

Lender Information

Servicing Lender
The Merchants National Bank
Originating Lender
The Merchants National Bank

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