PPP Loan information for Riches group of companies, inc.

$638,524

Riches group of companies, inc. was initially approved for PPP Loan of amount $638,524, the current approved amount is $638,524. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 47 jobs and $638,524 was used to fund payroll.

Riches group of companies, inc. is Existing or more than 2 years old

RICHES GROUP OF COMPANIES, INC.

Date Approved

05/01/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

RICHES GROUP OF COMPANIES, INC.

Borrower Address

2662 MONTEREY HWY

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95111-3050

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

638524.00

Current Approval Amount

638524.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95111-3050

CD

CA-16

Jobs Reported

47

NAICS Code

423320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8454.00

Payroll Proceed

478197.00

Mortgage Interest Proceed

0.00

Rent Proceed

87200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35022.00

Debt Interest Proceed

29651

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

644764.15

Forgiveness Date

04/29/2021

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