# PPP loan: R & B CAR COMPANY, INC.
> **$631K** approved 04/08/2020 · Paid in Full · Loan `7751447000`
## Borrower
- **Name:** R & B CAR COMPANY, INC.
- **Address:** 3885 S MAIN ST, SOUTH BEND, IN, 46614-2521
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $631K
- **Initial approval:** $631K
- **Forgiven:** $635K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Rent:** $14K
- **Mortgage interest:** $6K
- **Utilities:** $25K
- **Health care:** $24K
- **Debt interest:** $6K
- **Jobs reported:** 65
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*