# PPP loan: RIDGE TERRACE RESTAURANT INC
> **$247K** approved 03/20/2021 · Paid in Full · Loan `5837648609`
## Borrower
- **Name:** RIDGE TERRACE RESTAURANT INC
- **Address:** 2172 Ridge Rd, Queensbury, NY, 12804-6939
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Glens Falls National Bank and Trust Company
- **Servicing:** Glens Falls National Bank and Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*