PPP Loan information for Rapid rental inc

$37,500

Rapid rental inc was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 02/10/2021 by The The Farmers & Merchants State Bank reported 6 jobs and $37,500 was used to fund payroll.

Rapid rental inc is Existing or more than 2 years old

PPP Loan Search / IN / Angola / Rapid rental inc

RAPID RENTAL INC

Date Approved

02/10/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

RAPID RENTAL INC

Borrower Address

645 W 155 S South Wayne St

Borrower City

Angola

Borrower State

IN

Borrower Zip

46703-7930

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Angola

Project County Name

STEUBEN

Project State

IN

Project Zip

46703-7930

CD

IN-03

Jobs Reported

6

NAICS Code

713110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37500.00

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

Subchapter S Corporation

Originating Lender Location Id

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37642.81

Forgiveness Date

07/07/2021

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