PPP Loan information for Riester refrigeration, inc.

$226,484

Riester refrigeration, inc. was initially approved for PPP Loan of amount $226,484, the current approved amount is $226,484. The loan was approved on 04/27/2020 by The First Farmers & Merchants Bank reported 15 jobs and $226,484 was used to fund payroll.

Riester refrigeration, inc. is Existing or more than 2 years old

RIESTER REFRIGERATION, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIESTER REFRIGERATION, INC.

Borrower Address

503 BUSH ST

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-2639

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226484.00

Current Approval Amount

226484.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2639

CD

MN-01

Jobs Reported

15

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

54356.00

Payroll Proceed

172128.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227761.12

Forgiveness Date

11/23/2020

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