Riversbend Rehabilitation, Inc.

$1,224,000 PPP Loan in Bay City, Michigan

Loan Details

Loan Number
4376357001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,224,000
Current Approval
$1,224,000
Forgiveness Amount
$1,233,656
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Riversbend Rehabilitation, Inc.
Address
3707 Katalin Ct
ZIP Code
48706-2161
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (623312)
Business Age
Existing or more than 2 years old
Jobs Reported
150
Estimated Revenue
$25.5M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$1,000,000
Rent
$100,000
Utilities
$58,000
Health Care
$66,000

Lender Information

Servicing Lender
1st State Bank
Originating Lender
1st State Bank

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