PPP Loan information for River cinema inc

$167,300

River cinema inc was initially approved for PPP Loan of amount $167,300, the current approved amount is $167,300. The loan was approved on 04/27/2020 by The Ultima Bank Minnesota reported 40 jobs and $167,300 was used to fund payroll.

River cinema inc is Existing or more than 2 years old

PPP Loan Search / MN / EAST GRAND FORKS / River cinema inc

RIVER CINEMA INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIVER CINEMA INC

Borrower Address

211 Demers Ave Suite #4A

Borrower City

EAST GRAND FORKS

Borrower State

MN

Borrower Zip

56721-1800

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167300.00

Current Approval Amount

167300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST GRAND FORKS

Project County Name

POLK

Project State

MN

Project Zip

56721-1800

CD

MN-07

Jobs Reported

40

NAICS Code

512131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

167300.00

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

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168477.98

Forgiveness Date

01/20/2021

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