# PPP loan: RIVER OAKS REALTY CO.
> **$234K** approved 04/14/2021 · Exemption 4 · Loan `3451448802`
## Borrower
- **Name:** RIVER OAKS REALTY CO.
- **Address:** 14012 Eureka Rd E River, Southgate, MI, 48195-2054
- **NAICS:** 531210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $63K (27%)
- **Forgiveness date:** 12/22/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $234K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*