PPP Loan information for Riversbend rehabilitation, inc.

$1,224,000

Riversbend rehabilitation, inc. was initially approved for PPP Loan of amount $1,224,000, the current approved amount is $1,224,000. The loan was approved on 04/03/2020 by The 1st State Bank reported 150 jobs and $1,224,000 was used to fund payroll.

Riversbend rehabilitation, inc. is Existing or more than 2 years old

PPP Loan Search / MI / BAY CITY / Riversbend rehabilitation, inc.

RIVERSBEND REHABILITATION, INC.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RIVERSBEND REHABILITATION, INC.

Borrower Address

3707 KATALIN CT

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706-2161

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1224000.00

Current Approval Amount

1224000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-2161

CD

MI-08

Jobs Reported

150

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

58000.00

Payroll Proceed

1000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

66000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1233656.00

Forgiveness Date

01/25/2021

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