PPP Loan information for River rental tools inc.

$1,217,340

River rental tools inc. was initially approved for PPP Loan of amount $1,217,340, the current approved amount is $1,217,340. The loan was approved on 04/05/2020 by The Mississippi River Bank reported 77 jobs and $1,217,340 was used to fund payroll.

River rental tools inc. is Existing or more than 2 years old

RIVER RENTAL TOOLS INC.

Date Approved

04/05/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RIVER RENTAL TOOLS INC.

Borrower Address

109 DERRICK RD

Borrower City

BELLE CHASSE

Borrower State

LA

Borrower Zip

70037-1109

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1217340.00

Current Approval Amount

1217340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28107

Servicing Lender Name

Mississippi River Bank

Servicing Lender Address

8435 Hwy 23

Servicing Lender City

BELLE CHASSE

Servicing Lender State

LA

Servicing Lender Zip

70037-2529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLE CHASSE

Project County Name

PLAQUEMINES

Project State

LA

Project Zip

70037-1109

CD

LA-01

Jobs Reported

77

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13663.00

Payroll Proceed

1038841.00

Mortgage Interest Proceed

4317.00

Rent Proceed

26700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

133819.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28107

Originating Lender

Mississippi River Bank

Originating Lender City

BELLE CHASSE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1224305.89

Forgiveness Date

11/03/2020

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