# PPP loan: RIDGE AREA ARC INC
> **$328K** approved 02/06/2021 · Paid in Full · Loan `4339818408`
## Borrower
- **Name:** RIDGE AREA ARC INC
- **Address:** 4352 Independence St, Avon Park, FL, 33825-9300
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $328K
- **Utilities:** $1
- **Jobs reported:** 70
## Lender
- **Originating:** Heartland National Bank
- **Servicing:** Heartland National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*