# PPP loan: REICH LLC
> **$1.74M** approved 04/27/2020 · Paid in Full · Loan `3967537200`
## Borrower
- **Name:** REICH LLC
- **Address:** 140 Vista Blvd, ARDEN, NC, 28704-9457
- **NAICS:** 336330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Mortgage interest:** $49K
- **Utilities:** $120K
- **Health care:** $220K
- **Debt interest:** $45K
- **Jobs reported:** 118
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*