# PPP loan: RIVERGATE ACQUISITIONS, INC
> **$535K** approved 04/10/2020 · Paid in Full · Loan `2297117100`
## Borrower
- **Name:** RIVERGATE ACQUISITIONS, INC
- **Address:** 1536 Gallatin Rd North, Madison, TN, 37115-2117
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $535K
- **Initial approval:** $535K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $485K
- **Rent:** $30K
- **Utilities:** $20K
- **Jobs reported:** 43
## Lender
- **Originating:** First Bank of Boaz
- **Servicing:** First Bank of Boaz (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*