PPP Loan information for Rapid tool & machine llc

$42,375

Rapid tool & machine llc was initially approved for PPP Loan of amount $42,375, the current approved amount is $42,375. The loan was approved on 02/10/2021 by The Readycap Lending, LLC reported 4 jobs and $42,375 was used to fund payroll.

Rapid tool & machine llc is Existing or more than 2 years old

PPP Loan Search / MI / Sheridan / Rapid tool & machine llc

RAPID TOOL & MACHINE LLC

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAPID TOOL & MACHINE LLC

Borrower Address

2051 E Condensery Rd

Borrower City

Sheridan

Borrower State

MI

Borrower Zip

48884-9767

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42375.00

Current Approval Amount

42375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sheridan

Project County Name

MONTCALM

Project State

MI

Project Zip

48884-9767

CD

MI-02

Jobs Reported

4

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42373.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42681.49

Forgiveness Date

11/10/2021

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