# PPP loan: RIDGWAY VALLEY ENTERPRISES INC
> **$367K** approved 04/04/2020 · Paid in Full · Loan `4791377004`
## Borrower
- **Name:** RIDGWAY VALLEY ENTERPRISES INC
- **Address:** 1620 E MAIN ST, MONTROSE, CO, 81401-3809
- **NAICS:** 236220
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $367K
- **Initial approval:** $367K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Rent:** $46K
- **Utilities:** $46K
- **Jobs reported:** 22
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*