# PPP loan: THE KRIS HUTCHINSON GROUP LLC.
> **$150K** approved 05/01/2020 · Exemption 4 · Loan `4982197709`
## Borrower
- **Name:** THE KRIS HUTCHINSON GROUP LLC.
- **Address:** 5027 GOLD HAVEN DR, RICHMOND, TX, 77407-1432
- **NAICS:** 541618
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $21K (14%)
- **Forgiveness date:** 03/14/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 7
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*