PPP Loan information for Ridgeway petroleum inc.

$542,000

Ridgeway petroleum inc. was initially approved for PPP Loan of amount $542,000, the current approved amount is $542,000. The loan was approved on 02/27/2021 by The Peoples Bank reported 90 jobs and $542,000 was used to fund payroll.

Ridgeway petroleum inc. is Existing or more than 2 years old

RIDGEWAY PETROLEUM INC.

Date Approved

02/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RIDGEWAY PETROLEUM INC.

Borrower Address

2701 Bernice Rd

Borrower City

Lansing

Borrower State

IL

Borrower Zip

60438-1011

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

542000.00

Current Approval Amount

542000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

COOK

Project State

IL

Project Zip

60438-1011

CD

IL-02

Jobs Reported

90

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

541998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

546707.23

Forgiveness Date

01/13/2022

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