# PPP loan: R & R ROAD LIMO SERVICE INC.
> **$420K** approved 02/18/2021 · Exemption 4 · Loan `1207898502`
## Borrower
- **Name:** R & R ROAD LIMO SERVICE INC.
- **Address:** 865 E 138th St, Bronx, NY, 10454-1907
- **NAICS:** 485320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $200K (48%)
- **Forgiveness date:** 07/07/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $420K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*