PPP Loan information for Rapid tow inc

$21,225

Rapid tow inc was initially approved for PPP Loan of amount $21,225, the current approved amount is $21,225. The loan was approved on 04/24/2021 by The Concordia Bank & Trust Company reported 4 jobs and $21,225 was used to fund payroll.

Rapid tow inc is Existing or more than 2 years old

RAPID TOW INC

Date Approved

04/24/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

RAPID TOW INC

Borrower Address

5 Fatherland Rd

Borrower City

Natchez

Borrower State

MS

Borrower Zip

39120-4735

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21225.00

Current Approval Amount

21225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29338

Servicing Lender Name

Concordia Bank & Trust Company

Servicing Lender Address

904 Carter St

Servicing Lender City

VIDALIA

Servicing Lender State

LA

Servicing Lender Zip

71373-3208

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Natchez

Project County Name

ADAMS

Project State

MS

Project Zip

39120-4735

CD

MS-03

Jobs Reported

4

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

21224.00

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

Corporation

Originating Lender Location Id

29338

Originating Lender

Concordia Bank & Trust Company

Originating Lender City

VIDALIA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21358.75

Forgiveness Date

12/16/2021

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