# PPP loan: R & R ROAD LIMO SERVICE INC
> **$420K** approved 05/01/2020 · Exemption 4 · Loan `1375457709`
## Borrower
- **Name:** R & R ROAD LIMO SERVICE INC
- **Address:** 865 E 138TH ST, BRONX, NY, 10454
- **NAICS:** 485320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $41K (10%)
- **Forgiveness date:** 08/26/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $341K
- **Rent:** $55K
- **Utilities:** $13K
- **Health care:** $7K
- **Debt interest:** $3K
- **Jobs reported:** 450
## 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*