Richards Gift Shop, Inc.

$62,200 PPP Loan in Billerica, Massachusetts

Loan Details

Loan Number
4280877108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$62,200
Current Approval
$62,200
Forgiveness Amount
$62,790
Forgiveness Date
Mar 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Richards Gift Shop, Inc.
Address
700 Boston Rd
ZIP Code
01821-5316
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (453220)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$31,000
Rent
$15,000
Utilities
$6,700
Health Care
$5,000
Mortgage Interest
$1,000
Debt Interest
$3,500

Lender Information

Servicing Lender
The Lowell Five Cent Savings Bank
Originating Lender
The Lowell Five Cent Savings Bank

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