Richard Motors, INC

$349,603 PPP Loan in Imlay City, Michigan

Loan Details

Loan Number
8740497101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$349,603
Current Approval
$349,603
Forgiveness Amount
$354,037
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Richard Motors, INC
Address
2093 S. Van Dyke Avenue
ZIP Code
48444
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
26
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$349,603

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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