PPP Loan information for Rapid manufacturing

$2,500,000

Rapid manufacturing was initially approved for PPP Loan of amount $2,500,000, the current approved amount is $2,500,000. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 392 jobs and $2,500,000 was used to fund payroll.

Rapid manufacturing is Existing or more than 2 years old

RAPID MANUFACTURING

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

RAPID MANUFACTURING

Borrower Address

8080 E. Crystal Dr

Borrower City

ANAHEIM

Borrower State

CA

Borrower Zip

92807-2524

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2500000.00

Current Approval Amount

2500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANAHEIM

Project County Name

ORANGE

Project State

CA

Project Zip

92807-2524

CD

CA-40

Jobs Reported

392

NAICS Code

335921

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

2400000.00

Mortgage Interest Proceed

0.00

Rent Proceed

35000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2531918.06

Forgiveness Date

07/30/2021

;