As part of the Paycheck Protection Program RICHARDS ELECTRIC SUPPLY CO., INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RICHARDS ELECTRIC SUPPLY CO., INC


Loan Amount	$1,778,332
BusinessName	RICHARDS ELECTRIC SUPPLY CO., INC
Address	4620 READING ROAD
City	CINCINNATI
State	OH
Zip	45229
NAICSCode	423610
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	145
DateApproved	04/14/2020
Lender	Fifth Third Bank
CD	OH-01
BusinessName.clean	RICHARDS ELECTRIC SUPPLY CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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