PPP Loan information for Rapco.inc

$52,587

Rapco.inc was initially approved for PPP Loan of amount $52,587, the current approved amount is $52,587. The loan was approved on 04/15/2020 by The Hometown Bank of Corbin, Inc. d/b/a Hometown Bank reported 20 jobs and $52,587 was used to fund payroll.

Rapco.inc is Existing or more than 2 years old

RAPCO.INC

Date Approved

04/15/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

RAPCO.INC

Borrower Address

500 MASTER ST

Borrower City

CORBIN

Borrower State

KY

Borrower Zip

40701-1056

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52587.25

Current Approval Amount

52587.25

Undisbursed Amount

0.00

Franchise Name

SNAPPY TOMATO PIZZA

Servicing Lender Location Id

124504

Servicing Lender Name

Hometown Bank of Corbin, Inc. d/b/a Hometown Bank

Servicing Lender Address

1030 Cumberland Falls Hwy

Servicing Lender City

CORBIN

Servicing Lender State

KY

Servicing Lender Zip

40701-2713

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORBIN

Project County Name

KNOX

Project State

KY

Project Zip

40701-1056

CD

KY-05

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52587.25

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

Corporation

Originating Lender Location Id

124504

Originating Lender

Hometown Bank of Corbin, Inc. d/b/a Hometown Bank

Originating Lender City

CORBIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53149.14

Forgiveness Date

05/18/2021

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