PPP Loan information for River automation inc

$60,400

River automation inc was initially approved for PPP Loan of amount $60,400, the current approved amount is $60,400. The loan was approved on 04/10/2020 by The Forward Bank reported 5 jobs and $60,400 was used to fund payroll.

River automation inc is New Business or 2 years or less

RIVER AUTOMATION INC

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RIVER AUTOMATION INC

Borrower Address

2541 7th St. S.

Borrower City

WISCONSIN RAPIDS

Borrower State

WI

Borrower Zip

54494-6150

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60400.00

Current Approval Amount

60400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79583

Servicing Lender Name

Forward Bank

Servicing Lender Address

1001 N Central Ave

Servicing Lender City

MARSHFIELD

Servicing Lender State

WI

Servicing Lender Zip

54449-2124

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WISCONSIN RAPIDS

Project County Name

WOOD

Project State

WI

Project Zip

54494-6150

CD

WI-03

Jobs Reported

5

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60400.00

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

79583

Originating Lender

Forward Bank

Originating Lender City

MARSHFIELD

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60794.28

Forgiveness Date

12/09/2020

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