River Rental Tools Inc.

$1,217,340 PPP Loan in Belle Chasse, Louisiana

Loan Details

Loan Number
5270907007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,217,340
Current Approval
$1,217,340
Forgiveness Amount
$1,224,306
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
River Rental Tools Inc.
Address
109 Derrick Rd
ZIP Code
70037-1109
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532412)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$34.8M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$1,038,841
Rent
$26,700
Utilities
$13,663
Health Care
$133,819
Mortgage Interest
$4,317

Lender Information

Servicing Lender
Merchants & Marine Bank
Originating Lender
Mississippi River Bank, a Division of Merchants and Marine Bank

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