PPP Loan information for Rapidit, inc

$1,438,800

Rapidit, inc was initially approved for PPP Loan of amount $1,438,800, the current approved amount is $1,438,800. The loan was approved on 04/27/2020 by The Wallis Bank reported 82 jobs and $1,438,800 was used to fund payroll.

Rapidit, inc is Unanswered

RAPIDIT, INC

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RAPIDIT, INC

Borrower Address

6730 JAMESTOWN DR

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30005-3030

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1438800.00

Current Approval Amount

1438800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ALPHARETTA

Project County Name

FORSYTH

Project State

GA

Project Zip

30005-3030

CD

GA-06

Jobs Reported

82

NAICS Code

541511

Race

Asian

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1438800.00

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

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1452748.37

Forgiveness Date

04/22/2021

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