Rivers of Hope

$60,000 PPP Loan in Monticello, Minnesota

Loan Details

Loan Number
9821497010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$60,000
Current Approval
$60,000
Forgiveness Amount
$60,525
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rivers of Hope
Address
517 Highway 25
ZIP Code
55362-8662
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813319)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$45,000
Rent
$12,000
Utilities
$3,000

Lender Information

Servicing Lender
First Bank Elk River
Originating Lender
First Bank Elk River

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