PPP Loan information for Rivers restaurant corp

$564,900

Rivers restaurant corp was initially approved for PPP Loan of amount $564,900, the current approved amount is $564,900. The loan was approved on 06/10/2020 by The ProGrowth Bank reported 75 jobs and $564,900 was used to fund payroll.

Rivers restaurant corp is Existing or more than 2 years old

PPP Loan Search / MN / EDINA / Rivers restaurant corp

RIVERS RESTAURANT CORP

Date Approved

06/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIVERS RESTAURANT CORP

Borrower Address

5200 W 74TH ST

Borrower City

EDINA

Borrower State

MN

Borrower Zip

55439-2201

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

564900.00

Current Approval Amount

564900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38693

Servicing Lender Name

ProGrowth Bank

Servicing Lender Address

703 3rd St

Servicing Lender City

NICOLLET

Servicing Lender State

MN

Servicing Lender Zip

56074-6074

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDINA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55439-2201

CD

MN-03

Jobs Reported

75

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

102972.00

Payroll Proceed

451928.00

Mortgage Interest Proceed

10000.00

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

38693

Originating Lender

ProGrowth Bank

Originating Lender City

NICOLLET

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

572337.85

Forgiveness Date

10/07/2021

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