# PPP loan: RICHARD'S LIGHTING DIST INC
> **$234K** approved 04/05/2020 · Paid in Full · Loan `5431887005`
## Borrower
- **Name:** RICHARD'S LIGHTING DIST INC
- **Address:** 1811 UNIVERSITY DR, HUNTSVILLE, AL, 35801-5744
- **NAICS:** 442299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $27K
- **Utilities:** $12K
- **Jobs reported:** 21
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*