Richeson Management Corporation

$2,856,900 PPP Loan in Graham, Texas

Loan Details

Loan Number
6746737005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,856,900
Current Approval
$2,856,900
Forgiveness Amount
$2,890,244
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Richeson Management Corporation
Address
1711 State Highway 16
City
Graham
State
Texas
ZIP Code
76450-4607
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Dairy Queen Operating Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$2,285,600
Rent
$237,000
Utilities
$334,300

Lender Information

Servicing Lender
Interbank
Originating Lender
Interbank

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