Date Approved
04/07/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
RIVERS EDGE ASSISTED LIVING INC.
Borrower Address
11 MINNESOTA AVE S
Borrower City
AITKIN
Borrower State
MN
Borrower Zip
56431-1407
Loan Status Date
02/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
131100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
75605
Servicing Lender Name
Unity Bank
Servicing Lender Address
207 W Lincoln St
Servicing Lender City
AUGUSTA
Servicing Lender State
WI
Servicing Lender Zip
54722-9161
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MN-08
Jobs Reported
28
NAICS Code
623312
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
8900.00
Payroll Proceed
105000.00
Mortgage Interest Proceed
Rent Proceed
17200.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
132075.97
Forgiveness Date
01/07/2021