Rihm Leasing INC

$873,900 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
4611367005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$873,900
Current Approval
$873,900
Forgiveness Amount
$880,697
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rihm Leasing INC
Address
860 Bench St
ZIP Code
55066-9502
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532490)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$36.6M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$645,337
Rent
$176,308
Utilities
$25,675
Mortgage Interest
$26,580

Lender Information

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

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