PPP Loan information for River city floor coverings inc

$122,155

River city floor coverings inc was initially approved for PPP Loan of amount $122,155, the current approved amount is $122,155. The loan was approved on 02/04/2021 by The Merchants Bank, National Association reported 6 jobs and $122,155 was used to fund payroll.

River city floor coverings inc is Existing or more than 2 years old

PPP Loan Search / MN / Red Wing / River city floor coverings inc

RIVER CITY FLOOR COVERINGS INC

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RIVER CITY FLOOR COVERINGS INC

Borrower Address

3016 N Service Dr

Borrower City

Red Wing

Borrower State

MN

Borrower Zip

55066-1921

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122155.00

Current Approval Amount

122155.00

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

55066-1921

CD

MN-01

Jobs Reported

6

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

122152.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

122745.42

Forgiveness Date

08/03/2021

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