Rite Enterprises, INC

$199,600 PPP Loan in Sartell, Minnesota

Loan Details

Loan Number
9654547003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$199,600
Current Approval
$199,600
Forgiveness Amount
$201,075
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rite Enterprises, INC
Address
1001 2nd St S - Suite 100
ZIP Code
56377-1911
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541519)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$159,698
Rent
$3,000
Utilities
$36,902

Lender Information

Servicing Lender
American Heritage National Bank
Originating Lender
American Heritage National Bank

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