# PPP loan: RITZ & ASSOCIATES P.A.
> **$162K** approved 04/07/2020 · Paid in Full · Loan `6512977004`
## Borrower
- **Name:** RITZ & ASSOCIATES P.A.
- **Address:** 3601 MINNESOTA DR 510, BLOOMINGTON, MN, 55435-5835
- **NAICS:** 541211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $12K
- **Jobs reported:** 8
## Lender
- **Originating:** Bridgewater Bank
- **Servicing:** Bridgewater Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*