# PPP loan: RICHARDSON INSURANCE GROUP, LLC
> **$305K** approved 04/15/2020 · Paid in Full · Loan `8528577104`
## Borrower
- **Name:** RICHARDSON INSURANCE GROUP, LLC
- **Address:** 117 Church Lane, Cockeysville, MD, 21030
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Rent:** $7K
- **Utilities:** $3K
- **Health care:** $17K
- **Debt interest:** $20K
- **Jobs reported:** 16
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*