# PPP loan: RIPE INC
> **$252K** approved 04/07/2020 · Paid in Full · Loan `7337077001`
## Borrower
- **Name:** RIPE INC
- **Address:** 219 W MAPLE AVE, FAYETTEVILLE, WV, 25840-1413
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $217K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Rent:** $14K
- **Mortgage interest:** $6K
- **Utilities:** $8K
- **Health care:** $9K
- **Jobs reported:** 48
## Lender
- **Originating:** The Fayette County National Bank of Fayetteville
- **Servicing:** The Fayette County National Bank of Fayetteville (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*