PPP Loan information for Rapid graphics & mailing inc.

$35,292

Rapid graphics & mailing inc. was initially approved for PPP Loan of amount $35,292, the current approved amount is $35,292. The loan was approved on 03/16/2021 by The Magnifi Financial CU reported 4 jobs and $35,292 was used to fund payroll.

Rapid graphics & mailing inc. is Existing or more than 2 years old

RAPID GRAPHICS & MAILING INC.

Date Approved

03/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RAPID GRAPHICS & MAILING INC.

Borrower Address

4016 Central Ave NE

Borrower City

Columbia Heights

Borrower State

MN

Borrower Zip

55421-2916

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35292.00

Current Approval Amount

35292.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Columbia Heights

Project County Name

ANOKA

Project State

MN

Project Zip

55421-2916

CD

MN-05

Jobs Reported

4

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35292.00

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

Subchapter S Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35423.50

Forgiveness Date

08/10/2021

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