PPP borrower record

RITE DEVELOPMENT INC. PPP loan record

Public SBA PPP loan record for RITE DEVELOPMENT INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$75,211
Approved amount
$75,503
Forgiven amount
2021-01-16
Date approved

Borrower and loan details

Borrower
RITE DEVELOPMENT INC.
Loan number
1331608308
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Grand Bay
Borrower state
Alabama
Borrower ZIP
36541
Jobs reported
9
Loan status
Exemption 4
Forgiveness date
2021-06-14
Servicing lender
Century Bank
Originating lender
Century Bank

Reported use of proceeds

Payroll
$75,211
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

Related directories

Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.