Riser Motors INC

$820,800 PPP Loan in Hot Springs National Park, Arkansas

Loan Details

Loan Number
4648167008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$820,800
Current Approval
$820,800
Forgiveness Amount
$826,363
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Riser Motors INC
Address
4201 Central Ave
ZIP Code
71913-6097
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$19.9M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$820,800

Lender Information

Servicing Lender
Arvest Bank
Originating Lender
Arvest Bank

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