PPP Loan information for Rapidco inc - rac1583

$169,962

Rapidco inc - rac1583 was initially approved for PPP Loan of amount $169,962, the current approved amount is $169,962. The loan was approved on 02/04/2021 by The Busey Bank reported 26 jobs and $169,962 was used to fund payroll.

Rapidco inc - rac1583 is Existing or more than 2 years old

RAPIDCO INC - RAC1583

Date Approved

02/04/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

RAPIDCO INC - RAC1583

Borrower Address

2260 Northlake Pkwy Ste 203

Borrower City

Tucker

Borrower State

GA

Borrower Zip

30084-4006

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169962.00

Current Approval Amount

169962.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tucker

Project County Name

DEKALB

Project State

GA

Project Zip

30084-4006

CD

GA-04

Jobs Reported

26

NAICS Code

484110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

169961.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

170958.49

Forgiveness Date

09/08/2021

;