# PPP loan: RIVERSIDE PETROLEUM COMPANY INC
> **$220K** approved 03/18/2021 · Paid in Full · Loan `4481028604`
## Borrower
- **Name:** RIVERSIDE PETROLEUM COMPANY INC
- **Address:** 12549 Warwick Blvd, Newport News, VA, 23606-2641
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 24
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*