As part of the Paycheck Protection Program RIHM MOTOR COMPANY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RIHM MOTOR COMPANY


Loan Amount	$3,384,200
BusinessName	RIHM MOTOR COMPANY
Address	425 CONCORD STREET S
City	SOUTH SAINT PAUL
State	MN
Zip	55075
NAICSCode	532120
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	268
DateApproved	04/06/2020
Lender	Merchants Bank, National Association
CD	MN-02
BusinessName.clean	RIHM MOTOR COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

RIJE AUTO GROUP
RIKA
RIKER DANZIG SHERER HYLAND PERRETTI L
RIKER PRODUCTS
RILCO MANUFACTURING COMPANY