# PPP loan: KB DISTRIBUTING COMPANY
> **$200K** approved 02/22/2021 · Charged Off · Loan `2852698509`
## Borrower
- **Name:** KB DISTRIBUTING COMPANY
- **Address:** 1824 Sessler Pl, Yuba City, CA, 95993-7675
- **NAICS:** 424490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $200K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*