Ripe INC

$216,700 PPP Loan in Fayetteville, West Virginia

Loan Details

Loan Number
7337077001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$216,700
Current Approval
$252,000
Forgiveness Amount
$253,926
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ripe INC
Address
219 W Maple Ave
ZIP Code
25840-1413
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$8.5M
Rural/Urban
Rural
Congressional District
WV-01

Loan Use Breakdown

Payroll
$215,400
Rent
$14,000
Utilities
$8,000
Health Care
$8,800
Mortgage Interest
$5,800

Lender Information

Servicing Lender
The Fayette County National Bank of Fayetteville
Originating Lender
The Fayette County National Bank of Fayetteville

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