PPP Loan information for Rapid packaging, inc.

$821,300

Rapid packaging, inc. was initially approved for PPP Loan of amount $821,300, the current approved amount is $821,300. The loan was approved on 04/15/2020 by The Sunrise Banks, National Association reported 47 jobs and $821,300 was used to fund payroll.

Rapid packaging, inc. is Existing or more than 2 years old

PPP Loan Search / MN / CHAMPLIN / Rapid packaging, inc.

RAPID PACKAGING, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAPID PACKAGING, INC.

Borrower Address

8700 109TH AVE N SUITE 300

Borrower City

CHAMPLIN

Borrower State

MN

Borrower Zip

55316-3867

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

821300.00

Current Approval Amount

821300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38858

Servicing Lender Name

Sunrise Banks, National Association

Servicing Lender Address

200 University Ave West

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55103-2074

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMPLIN

Project County Name

HENNEPIN

Project State

MN

Project Zip

55316-3867

CD

MN-03

Jobs Reported

47

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

821300.00

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

Corporation

Originating Lender Location Id

38858

Originating Lender

Sunrise Banks, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

788502.40

Forgiveness Date

12/28/2020

;