# PPP loan: RICHARD BUSES INC
> **$458K** approved 04/29/2020 · Charged Off · Loan `3997747303`
## Borrower
- **Name:** RICHARD BUSES INC
- **Address:** 2859 West 37th Street, brooklyn, NY, 11224-1516
- **NAICS:** 485991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $337K (74%)
- **Forgiveness date:** 09/10/2021
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $458K
- **Jobs reported:** 445
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*