# PPP loan: RICHESON MANAGEMENT CORPORATION
> **$2.86M** approved 04/07/2020 · Paid in Full · Loan `6746737005`
## Borrower
- **Name:** RICHESON MANAGEMENT CORPORATION
- **Address:** 1711 STATE HIGHWAY 16, GRAHAM, TX, 76450-4607
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.86M
- **Initial approval:** $2.86M
- **Forgiven:** $2.89M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.29M
- **Rent:** $237K
- **Utilities:** $334K
- **Jobs reported:** 500
## Lender
- **Originating:** InterBank
- **Servicing:** InterBank (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*