# PPP loan: RIVERTOWN EYE CARE PA
> **$162K** approved 04/07/2020 · Paid in Full · Loan `7319477010`
## Borrower
- **Name:** RIVERTOWN EYE CARE PA
- **Address:** 1011 N Frontage Rd, HASTINGS, MN, 55033-2662
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $21K
- **Utilities:** $2K
- **Jobs reported:** 13
## 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*