PPP Loan information for R & b corporation of virginia, inc.

$1,034,000

R & b corporation of virginia, inc. was initially approved for PPP Loan of amount $1,034,000, the current approved amount is $1,034,000. The loan was approved on 04/11/2020 by The TowneBank reported 35 jobs and $1,034,000 was used to fund payroll.

R & b corporation of virginia, inc. is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / R & b corporation of virginia, inc.

R & B CORPORATION OF VIRGINIA, INC.

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

R & B CORPORATION OF VIRGINIA, INC.

Borrower Address

11821 Rock Landing Drive

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23612

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1034000.00

Current Approval Amount

1034000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23612-0001

CD

VA-03

Jobs Reported

35

NAICS Code

561440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1034000.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1046063.33

Forgiveness Date

06/15/2021

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