# PPP loan: RIVER RENTAL TOOLS INC.
> **$1.22M** approved 01/17/2021 · Paid in Full · Loan `1451398300`
## Borrower
- **Name:** RIVER RENTAL TOOLS INC.
- **Address:** 109 Derrick Rd, Belle Chasse, LA, 70037-1109
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $1
- **Jobs reported:** 80
## Lender
- **Originating:** Mississippi River Bank, A Division of Merchants and Marine Bank
- **Servicing:** Merchants & Marine Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*