Original case file
ENHANCED DUE DILIGENCE — CLOSING MEMORANDUM
Subject: Ridgeway Feed & Supply Co
Formation: Iowa corporation, incorporated 3 March 1998.
Principal place of business: 872 County Road E16, Grinnell, IA 50112.
Registered agent: Heartland Agent Services LLC, 400 Locust St, Des Moines, IA 50309.
Beneficial ownership: Ellen Ridgeway-Mahler (100%, contact 641-555-0142). Third-generation
family ownership; transfer from the prior generation documented in 2011 succession filings.
Business activity: Agricultural feed, seed and veterinary supply wholesaler serving farms
within a 60-mile radius. Highly seasonal — receipts concentrate March-May and September-October.
Expected activity: Seasonal peaks to $410,000 monthly, troughs near $60,000. Cash receipts
average 14% of volume, consistent with a rural agricultural counterparty base and supported by
till records sampled for four weeks. No unexplained round-dollar deposits.
Disposition: CLEARED. Seasonality documented in the customer profile to suppress future
volume-variance alerts.