PPP Loan information for Rapid coatings, inc.

$44,700

Rapid coatings, inc. was initially approved for PPP Loan of amount $49,600, the current approved amount is $44,700. The loan was approved on 04/27/2020 by The BankProv reported 6 jobs and $44,700 was used to fund payroll.

Rapid coatings, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Rapid coatings, inc.

RAPID COATINGS, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAPID COATINGS, INC.

Borrower Address

169 MERRIMAC ST

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-1748

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49600.00

Current Approval Amount

44700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30947

Servicing Lender Name

BankProv

Servicing Lender Address

5 Market St

Servicing Lender City

AMESBURY

Servicing Lender State

MA

Servicing Lender Zip

01913-2408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-1748

CD

MA-05

Jobs Reported

6

NAICS Code

999990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44700.00

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

30947

Originating Lender

BankProv

Originating Lender City

AMESBURY

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44925.98

Forgiveness Date

11/05/2020

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