Blumenthal Distributing, Inc.

$2,453,800 PPP Loan in Ontario, California

Loan Details

Loan Number
7868807103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,453,800
Current Approval
$2,453,800
Forgiveness Amount
$2,484,792
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Blumenthal Distributing, Inc.
Address
1901 S. Archibald Ave
ZIP Code
91761-8548
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423210)
Business Age
Existing or more than 2 years old
Jobs Reported
186
Estimated Revenue
$57.0M
Rural/Urban
Urban
Congressional District
CA-35

Loan Use Breakdown

Payroll
$1,600,000
Rent
$560,000
Utilities
$100,800
Health Care
$148,000
Debt Interest
$45,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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