PPP Loan information for Ries, inc

$7,800

Ries, inc was initially approved for PPP Loan of amount $7,800, the current approved amount is $7,800. The loan was approved on 06/22/2020 by The Farmers Savings Bank & Trust reported 3 jobs and $7,800 was used to fund payroll.

Ries, inc is Existing or more than 2 years old

PPP Loan Search / IA / VINTON / Ries, inc

RIES, INC

Date Approved

06/22/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RIES, INC

Borrower Address

103 W 4th Street

Borrower City

VINTON

Borrower State

IA

Borrower Zip

52349-1121

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7800.00

Current Approval Amount

7800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25540

Servicing Lender Name

Farmers Savings Bank & Trust

Servicing Lender Address

611 Second St

Servicing Lender City

TRAER

Servicing Lender State

IA

Servicing Lender Zip

50675-1230

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VINTON

Project County Name

BENTON

Project State

IA

Project Zip

52349-1121

CD

IA-02

Jobs Reported

3

NAICS Code

448140

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7800.00

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

Corporation

Originating Lender Location Id

25540

Originating Lender

Farmers Savings Bank & Trust

Originating Lender City

TRAER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7841.82

Forgiveness Date

01/11/2021

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