# PPP loan: RICHARD NICHOLAS INC
> **$227K** approved 06/05/2020 · Paid in Full · Loan `8561537802`
## Borrower
- **Name:** RICHARD NICHOLAS INC
- **Address:** 1716 SANSOM ST, PHILADELPHIA, PA, 19103-5207
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Jobs reported:** 30
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*