PPP Loan information for Rihm leasing inc

$873,900

Rihm leasing inc was initially approved for PPP Loan of amount $873,900, the current approved amount is $873,900. The loan was approved on 04/04/2020 by The Merchants Bank, National Association reported 81 jobs and $873,900 was used to fund payroll.

Rihm leasing inc is Existing or more than 2 years old

PPP Loan Search / MN / RED WING / Rihm leasing inc

RIHM LEASING INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIHM LEASING INC

Borrower Address

860 BENCH ST

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-9502

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

873900.00

Current Approval Amount

873900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

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

55066-9502

CD

MN-01

Jobs Reported

81

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25675.00

Payroll Proceed

645337.00

Mortgage Interest Proceed

26580.00

Rent Proceed

176308.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

880697.00

Forgiveness Date

01/20/2021

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