# PPP loan: R & B RESTAURANT VENTURES INC
> **$370K** approved 02/24/2021 · Paid in Full · Loan `3956698508`
## Borrower
- **Name:** R & B RESTAURANT VENTURES INC
- **Address:** 101 Flagler Ave, New Smyrna Beach, FL, 32169-2634
- **NAICS:** 722511
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $372K (100%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $370K
- **Utilities:** $1
- **Jobs reported:** 61
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*