PPP Loan information for Rison homes, inc.

$404,400

Rison homes, inc. was initially approved for PPP Loan of amount $404,400, the current approved amount is $404,400. The loan was approved on 04/08/2020 by The The State Bank of Faribault reported 62 jobs and $404,400 was used to fund payroll.

Rison homes, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Faribault / Rison homes, inc.

RISON HOMES, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RISON HOMES, INC.

Borrower Address

314 Central Avenue North

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-5215

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

404400.00

Current Approval Amount

404400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-5215

CD

MN-01

Jobs Reported

62

NAICS Code

623210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10786.38

Payroll Proceed

323591.48

Mortgage Interest Proceed

10786.38

Rent Proceed

59235.76

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

407612.73

Forgiveness Date

01/27/2021

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