# PPP loan: RIVERBEND LOGISTICS SOLUTIONS INC
> **$287K** approved 01/28/2021 · Exemption 4 · Loan `7489698310`
## Borrower
- **Name:** RIVERBEND LOGISTICS SOLUTIONS INC
- **Address:** 65 E Ferguson Ave, Wood River, IL, 62095-1949
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $257K (89%)
- **Forgiveness date:** 04/27/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $287K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** 1st MidAmerica CU
- **Servicing:** 1st MidAmerica CU (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*