PPP Loan information for Rapp contracting inc

$394,408

Rapp contracting inc was initially approved for PPP Loan of amount $394,408, the current approved amount is $394,408. The loan was approved on 02/23/2021 by The Sandy Spring Bank reported 25 jobs and $394,408 was used to fund payroll.

Rapp contracting inc is Existing or more than 2 years old

PPP Loan Search / MD / Beltsville / Rapp contracting inc

RAPP CONTRACTING INC

Date Approved

02/23/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

RAPP CONTRACTING INC

Borrower Address

11610 E Maple Ave

Borrower City

Beltsville

Borrower State

MD

Borrower Zip

20705-1607

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

394408.00

Current Approval Amount

394408.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beltsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-1607

CD

MD-04

Jobs Reported

25

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

394406.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397638.90

Forgiveness Date

12/21/2021

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