PPP Loan information for Rivers hotel company inc

$983,174

Rivers hotel company inc was initially approved for PPP Loan of amount $983,174, the current approved amount is $983,174. The loan was approved on 01/22/2021 by The Merchants Bank, National Association reported 113 jobs and $983,174 was used to fund payroll.

Rivers hotel company inc is Existing or more than 2 years old

PPP Loan Search / MN / Winona / Rivers hotel company inc

RIVERS HOTEL COMPANY INC

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RIVERS HOTEL COMPANY INC

Borrower Address

356 E Sarnia St

Borrower City

Winona

Borrower State

MN

Borrower Zip

55987-3852

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

983174.00

Current Approval Amount

983174.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winona

Project County Name

WINONA

Project State

MN

Project Zip

55987-3852

CD

MN-01

Jobs Reported

113

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

983170.00

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

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

994835.54

Forgiveness Date

03/30/2022

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