# PPP loan: RIVERS RESTAURANT CORP
> **$565K** approved 06/10/2020 · Paid in Full · Loan `1531747901`
## Borrower
- **Name:** RIVERS RESTAURANT CORP
- **Address:** 5200 W 74TH ST, EDINA, MN, 55439-2201
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $565K
- **Initial approval:** $565K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $452K
- **Mortgage interest:** $10K
- **Utilities:** $103K
- **Jobs reported:** 75
## Lender
- **Originating:** ProGrowth Bank
- **Servicing:** ProGrowth Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*