# PPP loan: RIVERSIDE PETROLEUM CO.
> **$241K** approved 04/11/2020 · Paid in Full · Loan `2885197109`
## Borrower
- **Name:** RIVERSIDE PETROLEUM CO.
- **Address:** 12549 Warwick Blvd, NEWPORT NEWS, VA, 23606-2641
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Jobs reported:** 25
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*