PPP Loan information for Richway industries, ltd.

$240,700

Richway industries, ltd. was initially approved for PPP Loan of amount $240,700, the current approved amount is $240,700. The loan was approved on 04/03/2020 by The Veridian CU reported 28 jobs and $240,700 was used to fund payroll.

Richway industries, ltd. is Existing or more than 2 years old

RICHWAY INDUSTRIES, LTD.

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RICHWAY INDUSTRIES, LTD.

Borrower Address

504 Maple Street

Borrower City

JANESVILLE

Borrower State

IA

Borrower Zip

50647-7704

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240700.00

Current Approval Amount

240700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96989

Servicing Lender Name

Veridian CU

Servicing Lender Address

1827 Ansborough Ave

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-3629

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JANESVILLE

Project County Name

BREMER

Project State

IA

Project Zip

50647-7704

CD

IA-02

Jobs Reported

28

NAICS Code

327390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

240700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

96989

Originating Lender

Veridian CU

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242137.61

Forgiveness Date

11/19/2020

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