# PPP loan: RICHTER PRECISION, INC.
> **$2.02M** approved 04/05/2020 · Paid in Full · Loan `5373347008`
## Borrower
- **Name:** RICHTER PRECISION, INC.
- **Address:** 1021 COMMERCIAL AVE, EAST PETERSBURG, PA, 17520-1601
- **NAICS:** 332812
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.02M
- **Initial approval:** $2.02M
- **Forgiven:** $2.05M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.02M
- **Jobs reported:** 174
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*