PPP Loan information for Rapid rental, inc.

$30,100

Rapid rental, inc. was initially approved for PPP Loan of amount $30,100, the current approved amount is $30,100. The loan was approved on 04/06/2020 by The The Farmers & Merchants State Bank reported 6 jobs and $30,100 was used to fund payroll.

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

RAPID RENTAL, INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RAPID RENTAL, INC.

Borrower Address

645 W 155 S

Borrower City

ANGOLA

Borrower State

IN

Borrower Zip

46703-7930

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30100.00

Current Approval Amount

30100.00

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

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30100.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24237.34

Forgiveness Date

11/12/2020

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