PPP Loan information for Richie water conditioning, inc

$63,300

Richie water conditioning, inc was initially approved for PPP Loan of amount $63,300, the current approved amount is $63,300. The loan was approved on 04/06/2020 by The First Farmers & Merchants National Bank reported 9 jobs and $63,300 was used to fund payroll.

Richie water conditioning, inc is Existing or more than 2 years old

RICHIE WATER CONDITIONING, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICHIE WATER CONDITIONING, INC

Borrower Address

1030 n State

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-3737

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63300.00

Current Approval Amount

63300.00

Undisbursed Amount

0.00

Franchise Name

Culligan

Servicing Lender Location Id

116933

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

114 S Park St

Servicing Lender City

FAIRMONT

Servicing Lender State

MN

Servicing Lender Zip

56031-2863

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-3737

CD

MN-01

Jobs Reported

9

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

51300.00

Mortgage Interest Proceed

0.00

Rent Proceed

5500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3500

Business Type

Subchapter S Corporation

Originating Lender Location Id

116933

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

FAIRMONT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

63716.73

Forgiveness Date

12/09/2020

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