PPP Loan information for Richards group inc

$134,700

Richards group inc was initially approved for PPP Loan of amount $134,700, the current approved amount is $134,700. The loan was approved on 04/04/2020 by The Bank of the James reported 8 jobs and $134,700 was used to fund payroll.

Richards group inc is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Richards group inc

RICHARDS GROUP INC

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RICHARDS GROUP INC

Borrower Address

4931 Boonsboro Rd

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24503-2207

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134700.00

Current Approval Amount

134700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24503-2207

CD

VA-05

Jobs Reported

8

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

134700.00

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

Subchapter S Corporation

Originating Lender Location Id

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135725.22

Forgiveness Date

01/07/2021

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