# PPP loan: RICHLEN EXCAVATING, INC.
> **$199K** approved 04/07/2020 · Paid in Full · Loan `6758557007`
## Borrower
- **Name:** RICHLEN EXCAVATING, INC.
- **Address:** W8983 COUNTY ROAD A, CRIVITZ, WI, 54114-8670
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Rent:** $20K
- **Utilities:** $4K
- **Jobs reported:** 29
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*