Riverside Machine & Engineering Inc.

$1,957,500 PPP Loan in Eau Claire, Wisconsin

Loan Details

Loan Number
7506857208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,957,500
Current Approval
$1,957,500
Forgiveness Amount
$1,983,437
Forgiveness Date
Aug 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Riverside Machine & Engineering Inc.
Address
2445 Alpine Road
ZIP Code
54703-9562
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
164
Estimated Revenue
$40.1M
Rural/Urban
Urban
Congressional District
WI-03

Loan Use Breakdown

Payroll
$1,468,100
Utilities
$489,400

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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