PPP Loan information for Rds logistics group

$1,101,775

Rds logistics group was initially approved for PPP Loan of amount $1,001,700, the current approved amount is $1,101,775. The loan was approved on 04/06/2020 by The American Business Bank reported 83 jobs and $1,101,775 was used to fund payroll.

Rds logistics group is Existing or more than 2 years old

RDS LOGISTICS GROUP

Date Approved

04/06/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

RDS LOGISTICS GROUP

Borrower Address

8600 BANANA AVE

Borrower City

FONTANA

Borrower State

CA

Borrower Zip

92335-3033

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1001700.00

Current Approval Amount

1101775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FONTANA

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

92335-3033

CD

CA-35

Jobs Reported

83

NAICS Code

484220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1101775.00

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

Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1110226.97

Forgiveness Date

01/25/2021

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