PPP Loan information for Rapid manufacturing

$192,617

Rapid manufacturing was initially approved for PPP Loan of amount $192,617, the current approved amount is $192,617. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 13 jobs and $192,617 was used to fund payroll.

Rapid manufacturing is Existing or more than 2 years old

PPP Loan Search / VA / Powhatan / Rapid manufacturing

RAPID MANUFACTURING

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAPID MANUFACTURING

Borrower Address

4347 Anderson Highway

Borrower City

Powhatan

Borrower State

VA

Borrower Zip

23139

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192617.00

Current Approval Amount

192617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Powhatan

Project County Name

POWHATAN

Project State

VA

Project Zip

23139-0001

CD

VA-05

Jobs Reported

13

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24077.13

Payroll Proceed

144462.75

Mortgage Interest Proceed

0.00

Rent Proceed

24077.12

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

193762.00

Forgiveness Date

11/23/2020

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