Rivertown Electric INC

$106,300 PPP Loan in Hastings, Minnesota

Loan Details

Loan Number
4633867003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$106,300
Current Approval
$106,300
Forgiveness Amount
$107,091
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rivertown Electric INC
Address
1031 Zweber Ln
ZIP Code
55033-3333
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$102,800
Rent
$2,500
Utilities
$1,000

Lender Information

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

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