PPP Loan information for Richie industries inc

$980,200

Richie industries inc was initially approved for PPP Loan of amount $980,200, the current approved amount is $980,200. The loan was approved on 04/13/2020 by The MidWestOne Bank reported 61 jobs and $980,200 was used to fund payroll.

Richie industries inc is Existing or more than 2 years old

PPP Loan Search / IA / CONRAD / Richie industries inc

RICHIE INDUSTRIES INC

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RICHIE INDUSTRIES INC

Borrower Address

120 S Main

Borrower City

CONRAD

Borrower State

IA

Borrower Zip

50621

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

980200.00

Current Approval Amount

980200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONRAD

Project County Name

GRUNDY

Project State

IA

Project Zip

50621-0001

CD

IA-02

Jobs Reported

61

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

61262.50

Payroll Proceed

735150.00

Mortgage Interest Proceed

61262.50

Rent Proceed

61262.50

Refinance EIDL Proceed

0.00

Health Care Proceed

61262.50

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

987540.56

Forgiveness Date

01/25/2021

;