Rice Lake Weighing Systems, INC

$8,400,000 PPP Loan in Rice Lake, Wisconsin

Loan Details

Loan Number
4472357001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$8,400,000
Current Approval
$8,400,000
Forgiveness Amount
$8,499,400
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rice Lake Weighing Systems, INC
Address
230 W Coleman Street
ZIP Code
54868-2404
Business Type
Corporation
Industry (NAICS)
Manufacturing (334513)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$130.9M
Rural/Urban
Rural
Congressional District
WI-07

Loan Use Breakdown

Payroll
$6,733,000
Rent
$9,000
Utilities
$593,000
Health Care
$893,000
Debt Interest
$172,000

Lender Information

Servicing Lender
Citizens Community Federal National Association
Originating Lender
Citizens Community Federal National Association

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