PPP Loan information for Rapid network solutions

$47,871

Rapid network solutions was initially approved for PPP Loan of amount $47,871, the current approved amount is $47,871. The loan was approved on 02/03/2021 by The Loan Source Incorporated reported 6 jobs and $47,871 was used to fund payroll.

Rapid network solutions is Existing or more than 2 years old

RAPID NETWORK SOLUTIONS

Date Approved

02/03/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RAPID NETWORK SOLUTIONS

Borrower Address

2235 Morris Ave Ste 5A

Borrower City

Union

Borrower State

NJ

Borrower Zip

07083-5929

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47871.00

Current Approval Amount

47871.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Union

Project County Name

UNION

Project State

NJ

Project Zip

07083-5929

CD

NJ-10

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47869.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48202.82

Forgiveness Date

10/25/2021

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