# PPP loan: RIVERSIDE MARINE INDUSTRIES INC.
> **$1.27M** approved 05/11/2021 · Paid in Full · Loan `8388108902`
## Borrower
- **Name:** RIVERSIDE MARINE INDUSTRIES INC.
- **Address:** 2824 N Summit St, Toledo, OH, 43611-3425
- **NAICS:** 336611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 04/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.27M
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** Signature Bank, National Association
- **Servicing:** Signature Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*