Riggs Industries, INC

$7,750,000 PPP Loan in Stoystown, Pennsylvania

Loan Details

Loan Number
5586648004
Date Approved
Jun 29, 2020
Loan Status
Paid in Full
Initial Approval
$7,750,000
Current Approval
$7,750,000
Forgiveness Amount
$7,664,079
Forgiveness Date
Apr 15, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Riggs Industries, INC
Address
2478 Lincoln Highway
ZIP Code
15563-7821
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
478
Estimated Revenue
$116.8M
Rural/Urban
Rural
Congressional District
PA-14

Loan Use Breakdown

Payroll
$7,750,000

Lender Information

Servicing Lender
Somerset Trust Company
Originating Lender
Somerset Trust Company

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