PPP Loan information for Rivers of hope

$60,000

Rivers of hope was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/09/2020 by The First Bank Elk River reported 8 jobs and $60,000 was used to fund payroll.

Rivers of hope is Existing or more than 2 years old

PPP Loan Search / MN / MONTICELLO / Rivers of hope

RIVERS OF HOPE

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIVERS OF HOPE

Borrower Address

517 Highway 25

Borrower City

MONTICELLO

Borrower State

MN

Borrower Zip

55362-8662

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

WRIGHT

Project State

MN

Project Zip

55362-8662

CD

MN-06

Jobs Reported

8

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

45000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

60525.00

Forgiveness Date

03/02/2021

;