PPP Loan information for River foods, inc

$150,000

River foods, inc was initially approved for PPP Loan of amount $174,600, the current approved amount is $150,000. The loan was approved on 04/15/2020 by The Bank Midwest reported 60 jobs and $150,000 was used to fund payroll.

River foods, inc is Existing or more than 2 years old

RIVER FOODS, INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIVER FOODS, INC

Borrower Address

250 South 3RD AVE

Borrower City

WINDOM

Borrower State

MN

Borrower Zip

56101-1860

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174600.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Hardee's

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINDOM

Project County Name

COTTONWOOD

Project State

MN

Project Zip

56101-1860

CD

MN-07

Jobs Reported

60

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151741.67

Forgiveness Date

06/17/2021

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