# PPP loan: R&M RICHARDS INC
> **$1.21M** approved 05/01/2020 · Paid in Full · Loan `4563587703`
## Borrower
- **Name:** R&M RICHARDS INC
- **Address:** 1441 BROADWAY SUITE 400, NEW YORK, NY, 10018
- **NAICS:** 315240
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 118
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*