PPP Loan information for River city development co. ltd

$37,885

River city development co. ltd was initially approved for PPP Loan of amount $37,885, the current approved amount is $37,885. The loan was approved on 03/20/2021 by The First Citizens Bank reported 9 jobs and $37,885 was used to fund payroll.

River city development co. ltd is Existing or more than 2 years old

RIVER CITY DEVELOPMENT CO. LTD

Date Approved

03/20/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

RIVER CITY DEVELOPMENT CO. LTD

Borrower Address

524 2nd St SW

Borrower City

Mason City

Borrower State

IA

Borrower Zip

50401-3760

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37885.00

Current Approval Amount

37885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mason City

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-3760

CD

IA-02

Jobs Reported

9

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

37882.00

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

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38088.11

Forgiveness Date

10/06/2021

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