PPP Loan information for Rapid clamp inc

$36,700

Rapid clamp inc was initially approved for PPP Loan of amount $36,700, the current approved amount is $36,700. The loan was approved on 04/03/2020 by The Sherburne State Bank reported 4 jobs and $36,700 was used to fund payroll.

Rapid clamp inc is Existing or more than 2 years old

PPP Loan Search / MN / BECKER / Rapid clamp inc

RAPID CLAMP INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAPID CLAMP INC

Borrower Address

14075 PROSPERITY AVE

Borrower City

BECKER

Borrower State

MN

Borrower Zip

55308-8830

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36700.00

Current Approval Amount

36700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55308-8830

CD

MN-06

Jobs Reported

4

NAICS Code

331313

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36700.00

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

Corporation

Originating Lender Location Id

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32880.76

Forgiveness Date

10/30/2020

;