# PPP loan: RICHARDSON & RICHARDSON INC
> **$252K** approved 04/04/2020 · Paid in Full · Loan `4704797004`
## Borrower
- **Name:** RICHARDSON & RICHARDSON INC
- **Address:** 6020 Highway 908, GRESHAM, SC, 29546-5121
- **NAICS:** 221310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Mortgage interest:** $63K
- **Jobs reported:** 32
## Lender
- **Originating:** Anderson Brothers Bank
- **Servicing:** Anderson Brothers Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*