# PPP loan: O.F. RICHTERS AND SONS, INC.
> **$210K** approved 04/07/2020 · Paid in Full · Loan `6891047006`
## Borrower
- **Name:** O.F. RICHTERS AND SONS, INC.
- **Address:** 308 First St. SE, CULLMAN, AL, 35055-3403
- **NAICS:** 444120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Jobs reported:** 26
## Lender
- **Originating:** Merchants Bank of Alabama, A Division of SouthPoint Bank
- **Servicing:** SouthPoint Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*