PPP Loan information for Richter management inc

$297,922

Richter management inc was initially approved for PPP Loan of amount $297,922, the current approved amount is $297,922. The loan was approved on 01/28/2021 by The Commercial Bank reported 51 jobs and $297,922 was used to fund payroll.

Richter management inc is Existing or more than 2 years old

RICHTER MANAGEMENT INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RICHTER MANAGEMENT INC

Borrower Address

27900 21 Mile Rd

Borrower City

Chesterfield

Borrower State

MI

Borrower Zip

48047-4908

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297921.64

Current Approval Amount

297921.64

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesterfield

Project County Name

MACOMB

Project State

MI

Project Zip

48047-4908

CD

MI-09

Jobs Reported

51

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

297919.64

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

301562.00

Forgiveness Date

04/28/2022

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