PPP borrower record

RIHM MOTOR COMPANY PPP loan record

Public SBA PPP loan record for RIHM MOTOR COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$3,384,200
Approved amount
$3,424,246
Forgiven amount
2020-04-06
Date approved

Borrower and loan details

Borrower
RIHM MOTOR COMPANY
Loan number
5602047006
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
South Saint Paul
Borrower state
Minnesota
Borrower ZIP
55075
Jobs reported
268
Loan status
Exemption 4
Forgiveness date
2021-06-15
Servicing lender
Merchants Bank, National Association
Originating lender
Merchants Bank, National Association

Reported use of proceeds

Payroll
$2,876,742
Rent
$430,674
Utilities
$76,784
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.