# PPP loan: RIDGEWAY PETROLEUM, INC.
> **$542K** approved 04/05/2020 · Paid in Full · Loan `5411527005`
## Borrower
- **Name:** RIDGEWAY PETROLEUM, INC.
- **Address:** 2701 Bernice Road, LANSING, IL, 60438-1011
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $542K
- **Jobs reported:** 90
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*