PPP Loan information for Rapid nutrition llc

$23,000

Rapid nutrition llc was initially approved for PPP Loan of amount $23,000, the current approved amount is $23,000. The loan was approved on 04/14/2020 by The Woodland Bank reported 10 jobs and $23,000 was used to fund payroll.

Rapid nutrition llc is New Business or 2 years or less

RAPID NUTRITION LLC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAPID NUTRITION LLC

Borrower Address

110 GOLF COURSE RD

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-3526

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23000.00

Current Approval Amount

23000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38785

Servicing Lender Name

Woodland Bank

Servicing Lender Address

217 Main Ave East

Servicing Lender City

DEER RIVER

Servicing Lender State

MN

Servicing Lender Zip

56636-8737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3526

CD

MN-08

Jobs Reported

10

NAICS Code

311920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

16000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38785

Originating Lender

Woodland Bank

Originating Lender City

DEER RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23164.83

Forgiveness Date

01/07/2021

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