# PPP loan: RITE CHOICE HEATING INC
> **$154K** approved 01/26/2021 · Paid in Full · Loan `6290108306`
## Borrower
- **Name:** RITE CHOICE HEATING INC
- **Address:** 120 W 7th St, Evart, MI, 49631-5103
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (100%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Isabella Bank
- **Servicing:** Isabella Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*