# PPP loan: RICHARDS ENERGY GROUP, INC.
> **$266K** approved 04/09/2020 · Paid in Full · Loan `1096317100`
## Borrower
- **Name:** RICHARDS ENERGY GROUP, INC.
- **Address:** 781 S. Chiques Rd, MANHEIM, PA, 17545-9135
- **NAICS:** 541620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Rent:** $53K
- **Jobs reported:** 15
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*