Rihm Motor Company
$3,384,200 PPP Loan in South Saint Paul, Minnesota
Loan Details
- Loan Number
- 5602047006
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,384,200
- Current Approval
- $3,384,200
- Forgiveness Amount
- $3,424,246
- Forgiveness Date
- Jun 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rihm Motor Company
- Address
- 425 Concord Street S
- City
- South Saint Paul
- State
- Minnesota
- ZIP Code
- 55075-1145
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Real Estate and Rental and Leasing (532120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 268
- Estimated Revenue
- $121.1M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $2,876,742
- Rent
- $430,674
- Utilities
- $76,784
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
Other PPP Loans in South Saint Paul, MN
| Business | Approved | |
|---|---|---|
| Schadegg Mechanical INC | $5,023,400 | |
| Wipaire, Inc. | $2,827,800 | |
| Bonfe's Plumbing Heating and Air Service | $1,831,800 | |
| Fury Motors Inc. | $1,702,814 | |
| Curb Masters Inc. | $1,429,245 |
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