# PPP loan: RICHARD ADELMAN
> **$167K** approved 05/04/2020 · Paid in Full · Loan `1671567407`
## Borrower
- **Name:** RICHARD ADELMAN
- **Address:** 2004 INVERNESS CT, RALEIGH, NC, 27615-5508
- **NAICS:** 621111
- **Business type:** Sole Proprietorship
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 13
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*