PPP Loan information for Rives manufacturing inc

$321,881

Rives manufacturing inc was initially approved for PPP Loan of amount $321,881, the current approved amount is $321,881. The loan was approved on 03/28/2021 by The Loan Source Incorporated reported 31 jobs and $321,881 was used to fund payroll.

Rives manufacturing inc is Existing or more than 2 years old

PPP Loan Search / MI / Rives Junction / Rives manufacturing inc

RIVES MANUFACTURING INC

Date Approved

03/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RIVES MANUFACTURING INC

Borrower Address

4000 Rives Eaton Rd N/A

Borrower City

Rives Junction

Borrower State

MI

Borrower Zip

49277-9650

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

321881.00

Current Approval Amount

321881.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rives Junction

Project County Name

JACKSON

Project State

MI

Project Zip

49277-9650

CD

MI-07

Jobs Reported

31

NAICS Code

332618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

321881.00

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324217.94

Forgiveness Date

01/12/2022

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