PPP Loan information for Rapids plumbing & heating, inc.

$90,438

Rapids plumbing & heating, inc. was initially approved for PPP Loan of amount $90,438, the current approved amount is $90,438. The loan was approved on 04/07/2020 by The Grand Rapids State Bank reported 8 jobs and $90,438 was used to fund payroll.

Rapids plumbing & heating, inc. is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Rapids plumbing & heating, inc.

RAPIDS PLUMBING & HEATING, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAPIDS PLUMBING & HEATING, INC.

Borrower Address

25767 US HIGHWAY 2

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-6205

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90438.00

Current Approval Amount

90438.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-6205

CD

MN-08

Jobs Reported

8

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

90438.00

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

Subchapter S Corporation

Originating Lender Location Id

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

91116.29

Forgiveness Date

01/13/2021

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