# PPP loan: RIVER CINEMA INC
> **$167K** approved 04/27/2020 · Paid in Full · Loan `4321947200`
## Borrower
- **Name:** RIVER CINEMA INC
- **Address:** 211 Demers Ave Suite #4A, EAST GRAND FORKS, MN, 56721-1800
- **NAICS:** 512131
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 40
## Lender
- **Originating:** Ultima Bank Minnesota
- **Servicing:** Ultima Bank Minnesota (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*