Date Approved
01/16/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
RIVERS RESTAURANT CORP
Borrower Address
5200 W 74th St
Borrower City
Edina
Borrower State
MN
Borrower Zip
55439-2223
Loan Status Date
02/09/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
790800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38693
Servicing Lender Name
ProGrowth Bank
Servicing Lender Address
703 3rd St
Servicing Lender City
NICOLLET
Servicing Lender State
Servicing Lender Zip
56074-6074
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-03
Jobs Reported
75
NAICS Code
722511
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
790795.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
801058.43
Forgiveness Date
05/05/2022