PPP Loan information for R&b wholesale distributors, inc.

$1,950,407

R&b wholesale distributors, inc. was initially approved for PPP Loan of amount $2,124,600, the current approved amount is $1,950,407. The loan was approved on 04/06/2020 by The Loan Source Incorporated reported 157 jobs and $1,950,407 was used to fund payroll.

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

PPP Loan Search / CA / ONTARIO / R&b wholesale distributors, inc.

R&B WHOLESALE DISTRIBUTORS, INC.

Date Approved

04/06/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

R&B WHOLESALE DISTRIBUTORS, INC.

Borrower Address

2350 S. MILLIKEN AVE

Borrower City

ONTARIO

Borrower State

CA

Borrower Zip

91761-2332

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2124600.00

Current Approval Amount

1950407.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ONTARIO

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91761-2332

CD

CA-35

Jobs Reported

157

NAICS Code

423620

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

43999.00

Payroll Proceed

1556026.00

Mortgage Interest Proceed

0.00

Rent Proceed

233220.00

Refinance EIDL Proceed

0.00

Health Care Proceed

117162.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1970659.17

Forgiveness Date

05/03/2021

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