PPP Loan information for Richard appliance, inc.

$87,400

Richard appliance, inc. was initially approved for PPP Loan of amount $87,400, the current approved amount is $87,400. The loan was approved on 04/08/2020 by The Institution for Savings In Newburyport and its Vicinity reported 8 jobs and $87,400 was used to fund payroll.

Richard appliance, inc. is Existing or more than 2 years old

RICHARD APPLIANCE, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RICHARD APPLIANCE, INC.

Borrower Address

155 Bridge Road

Borrower City

SALISBURY

Borrower State

MA

Borrower Zip

01952-2413

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87400.00

Current Approval Amount

87400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ESSEX

Project State

MA

Project Zip

01952-2413

CD

MA-06

Jobs Reported

8

NAICS Code

443141

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21850.00

Payroll Proceed

65550.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87972.96

Forgiveness Date

12/10/2020

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