PPP Loan information for Rapid control systems llc

$71,300

Rapid control systems llc was initially approved for PPP Loan of amount $71,300, the current approved amount is $71,300. The loan was approved on 01/22/2021 by The Prevail Bank reported 6 jobs and $71,300 was used to fund payroll.

Rapid control systems llc is Existing or more than 2 years old

RAPID CONTROL SYSTEMS LLC

Date Approved

01/22/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

RAPID CONTROL SYSTEMS LLC

Borrower Address

1430 2nd St N

Borrower City

Wisconsin Rapids

Borrower State

WI

Borrower Zip

54494-2914

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71300.00

Current Approval Amount

71300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81561

Servicing Lender Name

Prevail Bank

Servicing Lender Address

675 E Broadway Ave

Servicing Lender City

MEDFORD

Servicing Lender State

WI

Servicing Lender Zip

54451-1526

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wisconsin Rapids

Project County Name

WOOD

Project State

WI

Project Zip

54494-2914

CD

WI-03

Jobs Reported

6

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71299.00

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

81561

Originating Lender

Prevail Bank

Originating Lender City

MEDFORD

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72098.16

Forgiveness Date

03/07/2022

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