Riggs Distributing, Inc.
$828,100 PPP Loan in Burlingame, California
Loan Details
- Loan Number
- 8668717002
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $828,100
- Current Approval
- $828,100
- Forgiveness Amount
- $837,334
- Forgiveness Date
- Jun 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Riggs Distributing, Inc.
- Address
- 1755 Rollins Rd
- City
- Burlingame
- State
- California
- ZIP Code
- 94010-2207
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423620)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 73
- Estimated Revenue
- $22.4M
- Rural/Urban
- Urban
- Congressional District
- CA-15
Loan Use Breakdown
- Payroll
- $561,670
- Rent
- $176,000
- Utilities
- $13,500
- Health Care
- $71,970
- Debt Interest
- $4,960
Lender Information
- Servicing Lender
- City National Bank
- Originating Lender
- City National Bank
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