Riteway Conveyors INC
$309,855 PPP Loan in Hutchinson, Minnesota
Loan Details
- Loan Number
- 8750378307
- Date Approved
- Jan 30, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $309,855
- Current Approval
- $309,855
- Forgiveness Amount
- $313,349
- Forgiveness Date
- Mar 17, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Riteway Conveyors INC
- Address
- 1105 Benjamin Avenue
- City
- Hutchinson
- State
- Minnesota
- ZIP Code
- 55350
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333922)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 31
- Estimated Revenue
- $8.1M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $309,853
- Utilities
- $1
Lender Information
- Servicing Lender
- Kensington Bank
- Originating Lender
- Kensington Bank
Other PPP Loans in Hutchinson, MN
| Business | Approved | |
|---|---|---|
| Hutchinson Manufacturing Holdings, LLC | $4,586,000 |  AI Deep Dive |
| Heartland Agriculture, LLC | $3,950,000 | AI Deep Dive |
| Goebel Fixture Co. | $2,574,600 | AI Deep Dive |
| Goebel Fixture Co. | $2,000,000 | AI Deep Dive |
| Hutchinson Manufacturing Holdings LLC | $2,000,000 | AI Deep Dive |
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