PPP Loan information for Rapad well service, inc.

$342,600

Rapad well service, inc. was initially approved for PPP Loan of amount $342,600, the current approved amount is $342,600. The loan was approved on 04/03/2020 by The First Commercial Bank reported 28 jobs and $342,600 was used to fund payroll.

Rapad well service, inc. is Existing or more than 2 years old

RAPAD WELL SERVICE, INC.

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

RAPAD WELL SERVICE, INC.

Borrower Address

217 West Capitol Street

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39201-2004

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

342600.00

Current Approval Amount

342600.00

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

28

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

327675.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14925.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

345407.42

Forgiveness Date

02/03/2021

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