PPP Loan information for Richardson manufacturing co

$1,657,610

Richardson manufacturing co was initially approved for PPP Loan of amount $1,295,300, the current approved amount is $1,657,610. The loan was approved on 04/04/2020 by The Bank of Springfield reported 140 jobs and $1,657,610 was used to fund payroll.

Richardson manufacturing co is Existing or more than 2 years old

RICHARDSON MANUFACTURING CO

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RICHARDSON MANUFACTURING CO

Borrower Address

2209 OLD JACKSONVILLE RD

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62704-2228

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1295300.00

Current Approval Amount

1657610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22586

Servicing Lender Name

Bank of Springfield

Servicing Lender Address

2600 Stevenson Dr

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62703-4328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62704-2228

CD

IL-13

Jobs Reported

140

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1657610.00

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

22586

Originating Lender

Bank of Springfield

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1670053.43

Forgiveness Date

01/13/2021

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