Ritesoft, LLC

$206,400 PPP Loan in Saint Cloud, Minnesota

Loan Details

Loan Number
9216767010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$206,400
Current Approval
$206,400
Forgiveness Amount
$207,988
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ritesoft, LLC
Address
3717 23rd Street South Suite 102
ZIP Code
56301-5094
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Information (511210)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$175,000
Rent
$15,400
Utilities
$1,200
Health Care
$9,500
Debt Interest
$5,300

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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