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Richmond Mutual Bancorporation, Inc.

Begin processing applications for the second round of PPP loans

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
28 Jan 2021
Due
31 Mar 2021
Delivered
January 2021
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“We expect to begin processing applications for the second round of PPP loans beginning early in the first quarter of 2021.”

What we found

Evidence strength A What the grades mean

The company confirmed it began accepting and processing applications for the second round of PPP loans in January 2021, meeting the commitment to start early in the first quarter of 2021.

  • A
    Richmond Mutual Bancorporation, Inc. 10-K filed 2021-03-31 Regulatory filing · published 31 Mar 2021 · retrieved 25 Oct 2026 · kept permanently by the SEC · fingerprint 2de1e8937b2f
    “In January 2021, we began accepting and processing loan applications under this second PPP program” ✓ confirmed on the page

Market reaction: the shares moved -3.1% against the S&P 500 over the three sessions around the disclosure (30 Mar 2021 to 5 Apr 2021). What this measures

Checked 25 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Project other
Indicative materiality
Low rules
Action
Begin
Deliverable
second round of PPP loan applications
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
Medium
Depends on
Government

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2021-RMBI-022541 · Corrections policy

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