PPP Loan information for Rapid power management, llc

$236,600

Rapid power management, llc was initially approved for PPP Loan of amount $236,600, the current approved amount is $236,600. The loan was approved on 04/09/2020 by The Frost Bank reported 10 jobs and $236,600 was used to fund payroll.

Rapid power management, llc is Existing or more than 2 years old

PPP Loan Search / TX / CARROLLTON / Rapid power management, llc

RAPID POWER MANAGEMENT, LLC

Date Approved

04/09/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

RAPID POWER MANAGEMENT, LLC

Borrower Address

4205 STANLEY DR

Borrower City

CARROLLTON

Borrower State

TX

Borrower Zip

75010-4219

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236600.00

Current Approval Amount

236600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARROLLTON

Project County Name

DENTON

Project State

TX

Project Zip

75010-4219

CD

TX-26

Jobs Reported

10

NAICS Code

221112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

236600.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

238862.28

Forgiveness Date

04/02/2021

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