7 RIVERS MECHANICAL LLC (MN) - 2020 PPP Loan Borrower Profile (# 2203558306)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 7 RIVERS MECHANICAL LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Minnesota.
Loan Detail
Loan Number
2203558306
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$101,200
Date Loan was Approved
Jan 20, 2021
Amount Forgiven
$101,734.11
Date Loan was Forgiven
Aug 4, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
101,195
Lender
Merchants Bank, National Association
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
238220
Borrower Location
La Crescent, MN
Project Location
La Crescent, MN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
9
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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