PPP Loan information for Rapad drilling company llc

$934,790

Rapad drilling company llc was initially approved for PPP Loan of amount $934,790, the current approved amount is $934,790. The loan was approved on 03/26/2021 by The First Commercial Bank reported 22 jobs and $934,790 was used to fund payroll.

Rapad drilling company llc is Existing or more than 2 years old

RAPAD DRILLING COMPANY LLC

Date Approved

03/26/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

RAPAD DRILLING COMPANY LLC

Borrower Address

217 W Capitol St

Borrower City

Jackson

Borrower State

MS

Borrower Zip

39201-2004

Loan Status Date

06/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

934790.00

Current Approval Amount

934790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

202885

Servicing Lender Name

First Commercial Bank

Servicing Lender Address

1300 Meadowbrook Rd

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39211-6376

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

HINDS

Project State

MS

Project Zip

39201-2004

CD

MS-03

Jobs Reported

22

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

934784.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

202885

Originating Lender

First Commercial Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

945695.88

Forgiveness Date

05/26/2022

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