PPP Loan information for Ripco ltd

$732,887

Ripco ltd was initially approved for PPP Loan of amount $764,860, the current approved amount is $732,887. The loan was approved on 04/08/2020 by The German American Bank reported 47 jobs and $732,887 was used to fund payroll.

Ripco ltd is Existing or more than 2 years old

RIPCO LTD

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RIPCO LTD

Borrower Address

1177 E RAMSEY RD

Borrower City

VINCENNES

Borrower State

IN

Borrower Zip

47591-6199

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

764860.00

Current Approval Amount

732887.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VINCENNES

Project County Name

KNOX

Project State

IN

Project Zip

47591-6199

CD

IN-08

Jobs Reported

47

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

732887.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

737023.29

Forgiveness Date

11/12/2020

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