# PPP loan: RICHTER MANAGEMENT INC
> **$298K** approved 01/28/2021 · Paid in Full · Loan `7533348308`
## Borrower
- **Name:** RICHTER MANAGEMENT INC
- **Address:** 27900 21 Mile Rd, Chesterfield, MI, 48047-4908
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 04/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $298K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Commercial Bank
- **Servicing:** Commercial Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*