# PPP loan: THE RICHMOND GROUP USA
> **$491K** approved 04/08/2020 · Paid in Full · Loan `7873787006`
## Borrower
- **Name:** THE RICHMOND GROUP USA
- **Address:** 1700 BAYBERRY CT, RICHMOND, VA, 23226-3790
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $491K
- **Initial approval:** $491K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $442K
- **Rent:** $24K
- **Utilities:** $5K
- **Health care:** $20K
- **Jobs reported:** 33
## Lender
- **Originating:** Chesapeake Bank
- **Servicing:** Chesapeake Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*