PPP Loan information for R & b inc.

$554,443

R & b inc. was initially approved for PPP Loan of amount $554,443, the current approved amount is $554,443. The loan was approved on 06/12/2020 by The Burke & Herbert Bank & Trust Company reported 25 jobs and $554,443 was used to fund payroll.

R & b inc. is Existing or more than 2 years old

R & B INC.

Date Approved

06/12/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

R & B INC.

Borrower Address

1710 MOUNT VERNON AVE

Borrower City

ALEXANDRIA

Borrower State

VA

Borrower Zip

22301-1722

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

554442.50

Current Approval Amount

554442.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73056

Servicing Lender Name

Burke & Herbert Bank & Trust Company

Servicing Lender Address

100 S Fairfax St

Servicing Lender City

ALEXANDRIA

Servicing Lender State

VA

Servicing Lender Zip

22314-3340

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22301-1722

CD

VA-08

Jobs Reported

25

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

554442.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73056

Originating Lender

Burke & Herbert Bank & Trust Company

Originating Lender City

ALEXANDRIA

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

560233.34

Forgiveness Date

07/06/2021

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