# PPP loan: THE RIVER PRODUCTS COMPANY
> **$1.61M** approved 04/27/2020 · Paid in Full · Loan `3622177204`
## Borrower
- **Name:** THE RIVER PRODUCTS COMPANY
- **Address:** PO BOX 2120, IOWA CITY, IA, 52244-2120
- **NAICS:** 212319
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 147
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*