Rivers Restaurant Corp

$564,900 PPP Loan in Edina, Minnesota

Loan Details

Loan Number
1531747901
Date Approved
Jun 10, 2020
Loan Status
Paid in Full
Initial Approval
$564,900
Current Approval
$564,900
Forgiveness Amount
$572,338
Forgiveness Date
Oct 7, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Rivers Restaurant Corp
Address
5200 W 74th St
City
Edina
ZIP Code
55439-2201
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$13.3M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$451,928
Utilities
$102,972
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Progrowth Bank
Originating Lender
Progrowth Bank

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