PPP Loan information for Rivers hotel company inc

$816,257

Rivers hotel company inc was initially approved for PPP Loan of amount $816,257, the current approved amount is $816,257. The loan was approved on 04/07/2020 by The Merchants Bank, National Association reported 105 jobs and $816,257 was used to fund payroll.

Rivers hotel company inc is Existing or more than 2 years old

PPP Loan Search / MN / WINONA / Rivers hotel company inc

RIVERS HOTEL COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIVERS HOTEL COMPANY INC

Borrower Address

356 E SARNIA ST

Borrower City

WINONA

Borrower State

MN

Borrower Zip

55987-3848

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

816257.00

Current Approval Amount

816257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINONA

Project County Name

WINONA

Project State

MN

Project Zip

55987-3848

CD

MN-01

Jobs Reported

105

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

81625.00

Payroll Proceed

612193.00

Mortgage Interest Proceed

122439.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

824442.24

Forgiveness Date

04/14/2021

;