PPP Loan information for Riverside machine & engineering inc.

$1,957,500

Riverside machine & engineering inc. was initially approved for PPP Loan of amount $1,957,500, the current approved amount is $1,957,500. The loan was approved on 04/28/2020 by The Alerus Financial, National Association reported 164 jobs and $1,957,500 was used to fund payroll.

Riverside machine & engineering inc. is Existing or more than 2 years old

PPP Loan Search / WI / EAU CLAIRE / Riverside machine & engineering inc.

RIVERSIDE MACHINE & ENGINEERING INC.

Date Approved

04/28/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RIVERSIDE MACHINE & ENGINEERING INC.

Borrower Address

2445 Alpine Road

Borrower City

EAU CLAIRE

Borrower State

WI

Borrower Zip

54703-9562

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1957500.00

Current Approval Amount

1957500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAU CLAIRE

Project County Name

EAU CLAIRE

Project State

WI

Project Zip

54703-9562

CD

WI-03

Jobs Reported

164

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

489400.00

Payroll Proceed

1468100.00

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

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1983436.88

Forgiveness Date

08/30/2021

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