PPP Loan information for Rapid infotech inc

$52,000

Rapid infotech inc was initially approved for PPP Loan of amount $52,000, the current approved amount is $52,000. The loan was approved on 01/16/2021 by The Newtek Small Business Finance, Inc. reported 7 jobs and $52,000 was used to fund payroll.

Rapid infotech inc is Existing or more than 2 years old

PPP Loan Search / NJ / Monmouth Junction / Rapid infotech inc

RAPID INFOTECH INC

Date Approved

01/16/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAPID INFOTECH INC

Borrower Address

18 Champlain Rd

Borrower City

Monmouth Junction

Borrower State

NJ

Borrower Zip

08852-3092

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52000.00

Current Approval Amount

52000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monmouth Junction

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08852-3092

CD

NJ-12

Jobs Reported

7

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52000.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52483.89

Forgiveness Date

01/06/2022

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