River Valley Power and Sport of Rochester, INC
$406,100 PPP Loan in Red Wing, Minnesota
Loan Details
- Loan Number
- 4779857003
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $406,100
- Current Approval
- $406,100
- Forgiveness Amount
- $410,048
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- River Valley Power and Sport of Rochester, INC
- Address
- 3399 Service Dr
- City
- Red Wing
- State
- Minnesota
- ZIP Code
- 55066-1833
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (444210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- $6.0M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $315,695
- Rent
- $78,000
- Utilities
- $12,405
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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