# PPP loan: RIVER CITY BUILDERS & MILLWORKS, INC.
> **$297K** approved 04/03/2020 · Paid in Full · Loan `4537837005`
## Borrower
- **Name:** RIVER CITY BUILDERS & MILLWORKS, INC.
- **Address:** 98 Main Street PO box 7, NERSTRAND, MN, 55053
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Utilities:** $30K
- **Jobs reported:** 20
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*