# PPP loan: RICHARDS SALES & RENTALS CENTER INC
> **$194K** approved 04/14/2020 · Paid in Full · Loan `5918287102`
## Borrower
- **Name:** RICHARDS SALES & RENTALS CENTER INC
- **Address:** 3127 RT 88, POINT PLEASANT, NJ, 08742-2846
- **NAICS:** 532289
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 15
## Lender
- **Originating:** Manasquan Bank
- **Servicing:** Manasquan Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*