PPP Loan information for Rivers edge assisted living inc.

$131,100

Rivers edge assisted living inc. was initially approved for PPP Loan of amount $131,100, the current approved amount is $131,100. The loan was approved on 04/07/2020 by The Unity Bank reported 28 jobs and $131,100 was used to fund payroll.

Rivers edge assisted living inc. is Existing or more than 2 years old

RIVERS EDGE ASSISTED LIVING INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIVERS EDGE ASSISTED LIVING INC.

Borrower Address

11 MINNESOTA AVE S

Borrower City

AITKIN

Borrower State

MN

Borrower Zip

56431-1407

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131100.00

Current Approval Amount

131100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75605

Servicing Lender Name

Unity Bank

Servicing Lender Address

207 W Lincoln St

Servicing Lender City

AUGUSTA

Servicing Lender State

WI

Servicing Lender Zip

54722-9161

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AITKIN

Project County Name

AITKIN

Project State

MN

Project Zip

56431-1407

CD

MN-08

Jobs Reported

28

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8900.00

Payroll Proceed

105000.00

Mortgage Interest Proceed

0.00

Rent Proceed

17200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

75605

Originating Lender

Unity Bank

Originating Lender City

AUGUSTA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132075.97

Forgiveness Date

01/07/2021

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