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Rite-Way Electric INC

$31,977 PPP Loan in Oak Grove, Minnesota

Loan Details

Loan Number
9901097008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$31,977
Current Approval
$31,977
Forgiveness Amount
$32,204
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rite-Way Electric INC
Address
1215 Sims Rd NW
City
Oak Grove
State
Minnesota
ZIP Code
55011-4250
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$31,977

Lender Information

Servicing Lender
Village Bank
Originating Lender
Village Bank

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