# PPP loan: RITCHIE MARKETING, INC.
> **$660K** approved 04/05/2020 · Paid in Full · Loan `5082207001`
## Borrower
- **Name:** RITCHIE MARKETING, INC.
- **Address:** 3883 36th Street SE, Grand Rapids, MI, 49512-2915
- **NAICS:** 425120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $664K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $660K
- **Jobs reported:** 44
## Lender
- **Originating:** Lake Michigan CU
- **Servicing:** Lake Michigan CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*