# PPP loan: RICHARD RIGGIO AND SONS INC.
> **$240K** approved 01/28/2021 · Paid in Full · Loan `7926498308`
## Borrower
- **Name:** RICHARD RIGGIO AND SONS INC.
- **Address:** 90 Pond Meadow Rd, Ivoryton, CT, 06442-1121
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (100%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*