# PPP loan: RIEDELL SHOES INC
> **$1.00M** approved 04/07/2020 · Paid in Full · Loan `6905007007`
## Borrower
- **Name:** RIEDELL SHOES INC
- **Address:** 122 Cannon River Ave N, RED WING, MN, 55066-1801
- **NAICS:** 339920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Jobs reported:** 86
## Lender
- **Originating:** Alliance Bank
- **Servicing:** Alliance Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*