PPP Loan information for Rice companies, inc.

$969,800

Rice companies, inc. was initially approved for PPP Loan of amount $969,800, the current approved amount is $969,800. The loan was approved on 04/03/2020 by The American Heritage National Bank reported 65 jobs and $969,800 was used to fund payroll.

Rice companies, inc. is Existing or more than 2 years old

RICE COMPANIES, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICE COMPANIES, INC.

Borrower Address

1019 INDUSTRIAL DR

Borrower City

SAUK RAPIDS

Borrower State

MN

Borrower Zip

56379-1241

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

969800.00

Current Approval Amount

969800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38326

Servicing Lender Name

American Heritage National Bank

Servicing Lender Address

24 2nd St South

Servicing Lender City

LONG PRAIRIE

Servicing Lender State

MN

Servicing Lender Zip

56347-1327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK RAPIDS

Project County Name

BENTON

Project State

MN

Project Zip

56379-1241

CD

MN-06

Jobs Reported

65

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

939008.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30792.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38326

Originating Lender

American Heritage National Bank

Originating Lender City

LONG PRAIRIE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

977019.62

Forgiveness Date

01/07/2021

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