# PPP loan: RICHWELL GROUP INC.
> **$246K** approved 01/30/2021 · Paid in Full · Loan `9055318303`
## Borrower
- **Name:** RICHWELL GROUP INC.
- **Address:** 418 S 9th Ave, City of Industry, CA, 91746-3313
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $246K
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*