PPP Loan information for Riverside medical associates

$292,600

Riverside medical associates was initially approved for PPP Loan of amount $292,600, the current approved amount is $292,600. The loan was approved on 04/03/2020 by The Old Mission Bank reported 33 jobs and $292,600 was used to fund payroll.

Riverside medical associates is Existing or more than 2 years old

RIVERSIDE MEDICAL ASSOCIATES

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RIVERSIDE MEDICAL ASSOCIATES

Borrower Address

560 OSBORN BLVD

Borrower City

SAULT SAINTE MARIE

Borrower State

MI

Borrower Zip

49783-1822

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

292600.00

Current Approval Amount

292600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124185

Servicing Lender Name

Old Mission Bank

Servicing Lender Address

2701 I-75 Business Spur

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAULT SAINTE MARIE

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-1822

CD

MI-01

Jobs Reported

33

NAICS Code

561110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

36575.00

Payroll Proceed

219450.00

Mortgage Interest Proceed

0.00

Rent Proceed

36575.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124185

Originating Lender

Old Mission Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

284358.40

Forgiveness Date

11/17/2020

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