# PPP loan: R&B REINFORCING STEEL CORP.
> **$1.32M** approved 03/12/2021 · Paid in Full · Loan `9214898507`
## Borrower
- **Name:** R&B REINFORCING STEEL CORP.
- **Address:** 13581 5th St, Chino, CA, 91710-5166
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.32M
- **Utilities:** $1
- **Jobs reported:** 61
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*