# PPP loan: RIVERS HOTEL COMPANY INC
> **$983K** approved 01/22/2021 · Paid in Full · Loan `3671658307`
## Borrower
- **Name:** RIVERS HOTEL COMPANY INC
- **Address:** 356 E Sarnia St, Winona, MN, 55987-3852
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $983K
- **Initial approval:** $983K
- **Forgiven:** $995K (101%)
- **Forgiveness date:** 03/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $983K
- **Utilities:** $1
- **Jobs reported:** 113
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*