PPP Loan information for Rapid velocity llc

$20,832

Rapid velocity llc was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 05/26/2021 by The Prestamos CDFI, LLC reported 1 jobs and $20,832 was used to fund payroll.

Rapid velocity llc is Existing or more than 2 years old

PPP Loan Search / MD / Olney / Rapid velocity llc

RAPID VELOCITY LLC

Date Approved

05/26/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

RAPID VELOCITY LLC

Borrower Address

20 Coatbridge Ct

Borrower City

Olney

Borrower State

MD

Borrower Zip

20832-2319

Loan Status Date

10/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188361

Servicing Lender Name

Prestamos CDFI, LLC

Servicing Lender Address

1024 East Buckeye Road Suite 270

Servicing Lender City

Phoenix

Servicing Lender State

AZ

Servicing Lender Zip

85034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Olney

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20832-2319

CD

MD-08

Jobs Reported

1

NAICS Code

448110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20830.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

188361

Originating Lender

Prestamos CDFI, LLC

Originating Lender City

Phoenix

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21094.71

Forgiveness Date

09/07/2022

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