Nr Development, Inc.

$260,000 PPP Loan in Downey, California

Loan Details

Loan Number
2660927200
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$260,000
Current Approval
$260,000
Forgiveness Amount
$261,647
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nr Development, Inc.
Address
12307 Woodruff Ave
City
Downey
ZIP Code
90241
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$22.8M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$239,450
Rent
$11,500
Utilities
$5,500
Health Care
$2,500
Debt Interest
$1,050

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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