PPP Loan information for Rapid precision manufact inc

$308,000

Rapid precision manufact inc was initially approved for PPP Loan of amount $308,000, the current approved amount is $308,000. The loan was approved on 04/07/2020 by The First Savings Bank reported 23 jobs and $308,000 was used to fund payroll.

Rapid precision manufact inc is Existing or more than 2 years old

PPP Loan Search / SD / BRITTON / Rapid precision manufact inc

RAPID PRECISION MANUFACT INC

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

RAPID PRECISION MANUFACT INC

Borrower Address

911 1/2 S. Main

Borrower City

BRITTON

Borrower State

SD

Borrower Zip

57430-0156

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308000.00

Current Approval Amount

308000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66442

Servicing Lender Name

First Savings Bank

Servicing Lender Address

201 N Third

Servicing Lender City

BERESFORD

Servicing Lender State

SD

Servicing Lender Zip

57004-1743

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRITTON

Project County Name

MARSHALL

Project State

SD

Project Zip

57430-0156

CD

SD-

Jobs Reported

23

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38500.00

Payroll Proceed

231000.00

Mortgage Interest Proceed

0.00

Rent Proceed

38500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66442

Originating Lender

First Savings Bank

Originating Lender City

BERESFORD

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309736.78

Forgiveness Date

11/03/2020

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