PPP Loan information for River valley power and sport of rochester, inc

$406,100

River valley power and sport of rochester, inc was initially approved for PPP Loan of amount $406,100, the current approved amount is $406,100. The loan was approved on 04/04/2020 by The Merchants Bank, National Association reported 29 jobs and $406,100 was used to fund payroll.

River valley power and sport of rochester, inc is Existing or more than 2 years old

PPP Loan Search / MN / RED WING / River valley power and sport of rochester, inc

RIVER VALLEY POWER AND SPORT OF ROCHESTER, INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIVER VALLEY POWER AND SPORT OF ROCHESTER, INC

Borrower Address

3399 SERVICE DR

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-1833

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406100.00

Current Approval Amount

406100.00

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

N

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

55066-1833

CD

MN-01

Jobs Reported

29

NAICS Code

444210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12405.00

Payroll Proceed

315695.00

Mortgage Interest Proceed

0.00

Rent Proceed

78000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

410048.19

Forgiveness Date

03/31/2021

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