PPP Loan information for R & g development corporation

$341,500

R & g development corporation was initially approved for PPP Loan of amount $341,500, the current approved amount is $341,500. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 33 jobs and $341,500 was used to fund payroll.

R & g development corporation is New Business or 2 years or less

R & G DEVELOPMENT CORPORATION

Date Approved

04/28/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

R & G DEVELOPMENT CORPORATION

Borrower Address

11927 Sherman Road Unit 1

Borrower City

North Hollywood

Borrower State

CA

Borrower Zip

91605

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

341500.00

Current Approval Amount

341500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

North Hollywood

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91605-0900

CD

CA-29

Jobs Reported

33

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

341500.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343444.65

Forgiveness Date

11/27/2020

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