# PPP loan: VERDICT RIDGE LLC
> **$242K** approved 04/28/2020 · Paid in Full · Loan `6970677201`
## Borrower
- **Name:** VERDICT RIDGE LLC
- **Address:** 7332 KIDVILLE RD, DENVER, NC, 28037-6450
- **NAICS:** 713910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 49
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*