PPP Loan information for Ripe inc

$252,000

Ripe inc was initially approved for PPP Loan of amount $216,700, the current approved amount is $252,000. The loan was approved on 04/07/2020 by The The Fayette County National Bank of Fayetteville reported 48 jobs and $252,000 was used to fund payroll.

Ripe inc is Existing or more than 2 years old

RIPE INC

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

RIPE INC

Borrower Address

219 W MAPLE AVE

Borrower City

FAYETTEVILLE

Borrower State

WV

Borrower Zip

25840-1413

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216700.00

Current Approval Amount

252000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75115

Servicing Lender Name

The Fayette County National Bank of Fayetteville

Servicing Lender Address

101 N Court St

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

WV

Servicing Lender Zip

25840-1209

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

FAYETTE

Project State

WV

Project Zip

25840-1413

CD

WV-01

Jobs Reported

48

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

215400.00

Mortgage Interest Proceed

5800.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8800.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

75115

Originating Lender

The Fayette County National Bank of Fayetteville

Originating Lender City

FAYETTEVILLE

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253926.25

Forgiveness Date

01/20/2021

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