# PPP loan: RIDGE WALLET LLC, THE
> **$309K** approved 05/01/2020 · Paid in Full · Loan `1313477709`
## Borrower
- **Name:** RIDGE WALLET LLC, THE
- **Address:** 816 WILSON PL, SANTA MONICA, CA, 90405
- **NAICS:** 316998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Rent:** $18K
- **Utilities:** $1K
- **Jobs reported:** 250
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*