PPP Loan information for Riggio distribution co.

$490,800

Riggio distribution co. was initially approved for PPP Loan of amount $490,800, the current approved amount is $490,800. The loan was approved on 04/28/2020 by The Comerica Bank reported 49 jobs and $490,800 was used to fund payroll.

Riggio distribution co. is Existing or more than 2 years old

RIGGIO DISTRIBUTION CO.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RIGGIO DISTRIBUTION CO.

Borrower Address

7201 W. Fort Street

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48209-2977

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490800.00

Current Approval Amount

490800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48209-2977

CD

MI-13

Jobs Reported

49

NAICS Code

424480

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

392698.40

Mortgage Interest Proceed

98101.60

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

497739.37

Forgiveness Date

09/23/2021

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