# PPP loan: RIDGEVIEW ELECTRIC, INC.
> **$621K** approved 04/04/2020 · Paid in Full · Loan `4935977007`
## Borrower
- **Name:** RIDGEVIEW ELECTRIC, INC.
- **Address:** 1400 Ridgeview Dr, MCHENRY, IL, 60050-7022
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $627K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $621K
- **Jobs reported:** 23
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*