PPP Loan information for Richco products inc

$121,560

Richco products inc was initially approved for PPP Loan of amount $121,560, the current approved amount is $121,560. The loan was approved on 01/25/2021 by The Manufacturers and Traders Trust Company reported 13 jobs and $121,560 was used to fund payroll.

Richco products inc is Existing or more than 2 years old

PPP Loan Search / MA / Springfield / Richco products inc

RICHCO PRODUCTS INC

Date Approved

01/25/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

RICHCO PRODUCTS INC

Borrower Address

237 Memorial Dr

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01104-3228

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121560.00

Current Approval Amount

121560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01104-3228

CD

MA-01

Jobs Reported

13

NAICS Code

424690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

121557.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

122226.08

Forgiveness Date

08/23/2021

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