PPP Loan information for Riverside machine & engineering inc.
$1,957,500
Riverside machine & engineering inc. was initially approved for PPP Loan of amount $1,957,500, the current approved amount is $1,957,500. The loan was approved on 04/28/2020 by The Alerus Financial, National Association reported 164 jobs and $1,957,500 was used to fund payroll.
Riverside machine & engineering inc. is Existing or more than 2 years old
RIVERSIDE MACHINE & ENGINEERING INC.
Date Approved
04/28/2020
SBA Office Code
0563
Processing Method
PPP
Borrower Name
RIVERSIDE MACHINE & ENGINEERING INC.
Borrower Address
2445 Alpine Road
Borrower City
EAU CLAIRE
Borrower State
WI
Borrower Zip
54703-9562
Loan Status Date
09/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1957500.00
Current Approval Amount
1957500.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52795
Servicing Lender Name
Alerus Financial, National Association
Servicing Lender Address
401 DeMers Ave
Servicing Lender City
GRAND FORKS
Servicing Lender State
ND
Servicing Lender Zip
58201-4574
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
EAU CLAIRE
Project County Name
EAU CLAIRE
Project State
WI
Project Zip
54703-9562
CD
WI-03
Jobs Reported
164
NAICS Code
332710
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
489400.00
Payroll Proceed
1468100.00
Mortgage Interest Proceed
0.00
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
52795
Originating Lender
Alerus Financial, National Association
Originating Lender City
GRAND FORKS
Originating Lender State
ND
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
1983436.88
Forgiveness Date
08/30/2021