# PPP loan: RICHARDSON INDUSTRIES INC.
> **$1.85M** approved 01/25/2021 · Paid in Full · Loan `5207538301`
## Borrower
- **Name:** RICHARDSON INDUSTRIES INC.
- **Address:** 635 Old County Road PP, Sheboygan Falls, WI, 53085-1869
- **NAICS:** 321999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.86M (100%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.85M
- **Jobs reported:** 228
## Lender
- **Originating:** Summit Credit Union
- **Servicing:** Summit CU (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*