Tom Richards, Inc.

$2,809,607 PPP Loan in Willoughby, Ohio

Loan Details

Loan Number
1282357105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,809,607
Current Approval
$2,809,607
Forgiveness Amount
$2,845,478
Forgiveness Date
Jul 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tom Richards, Inc.
Address
38809 Mentor Ave. 0.0
State
Ohio
ZIP Code
44094-7932
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
203
Estimated Revenue
$53.2M
Rural/Urban
Urban
Congressional District
OH-14

Loan Use Breakdown

Payroll
$2,305,210
Rent
$161,000
Utilities
$55,015
Health Care
$258,240
Debt Interest
$30,141

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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