PPP Loan information for R&b investments inc

$41,070

R&b investments inc was initially approved for PPP Loan of amount $41,070, the current approved amount is $41,070. The loan was approved on 03/12/2021 by The Cross River Bank reported 19 jobs and $41,070 was used to fund payroll.

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

R&B INVESTMENTS INC

Date Approved

03/12/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

R&B INVESTMENTS INC

Borrower Address

7901 4th St NW

Borrower City

Los Ranchos

Borrower State

NM

Borrower Zip

87114-1057

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41070.00

Current Approval Amount

41070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Los Ranchos

Project County Name

BERNALILLO

Project State

NM

Project Zip

87114-1057

CD

NM-01

Jobs Reported

19

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41064.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41289.42

Forgiveness Date

10/06/2021

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