# PPP loan: RICHEY & CLAPPER, INC.
> **$217K** approved 04/29/2020 · Paid in Full · Loan `2838347310`
## Borrower
- **Name:** RICHEY & CLAPPER, INC.
- **Address:** 33 BOSTON POST RD, SUDBURY, MA, 01776-2438
- **NAICS:** 444210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Mortgage interest:** $10K
- **Utilities:** $7K
- **Jobs reported:** 16
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*