PPP Loan information for Rdb automotive, inc.

$331,700

Rdb automotive, inc. was initially approved for PPP Loan of amount $331,700, the current approved amount is $331,700. The loan was approved on 04/04/2020 by The Timberline Bank reported 25 jobs and $331,700 was used to fund payroll.

Rdb automotive, inc. is Existing or more than 2 years old

PPP Loan Search / CO / GRAND JUNCTION / Rdb automotive, inc.

RDB AUTOMOTIVE, INC.

Date Approved

04/04/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

RDB AUTOMOTIVE, INC.

Borrower Address

653 MARKET ST

Borrower City

GRAND JUNCTION

Borrower State

CO

Borrower Zip

81505-4300

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331700.00

Current Approval Amount

331700.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND JUNCTION

Project County Name

MESA

Project State

CO

Project Zip

81505-4300

CD

CO-03

Jobs Reported

25

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

331700.00

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

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

335339.49

Forgiveness Date

05/11/2021

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