River City Floor Coverings INC

$150,900 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
4493757002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$150,900
Current Approval
$126,800
Forgiveness Amount
$125,805
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
River City Floor Coverings INC
Address
3016 North Service Drive
ZIP Code
55066-1921
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (442210)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$107,310
Rent
$16,200
Utilities
$3,290

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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