Rison Homes, Inc.

$404,400 PPP Loan in Faribault, Minnesota

Loan Details

Loan Number
7760007010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$404,400
Current Approval
$404,400
Forgiveness Amount
$407,613
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rison Homes, Inc.
Address
314 Central Avenue North
ZIP Code
55021-5215
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623210)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$323,591
Rent
$59,236
Utilities
$10,786
Mortgage Interest
$10,786

Lender Information

Servicing Lender
The State Bank of Faribault
Originating Lender
The State Bank of Faribault

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