PPP Loan information for Rapid global business solutions inc.

$9,868,402

Rapid global business solutions inc. was initially approved for PPP Loan of amount $9,868,402, the current approved amount is $9,868,402. The loan was approved on 04/28/2020 by The Oxford Bank reported 369 jobs and $9,868,402 was used to fund payroll.

Rapid global business solutions inc. is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Rapid global business solutions inc.

RAPID GLOBAL BUSINESS SOLUTIONS INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAPID GLOBAL BUSINESS SOLUTIONS INC.

Borrower Address

1200 STEPHENSON HWY

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083-1115

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9868401.63

Current Approval Amount

9868401.63

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-1115

CD

MI-11

Jobs Reported

369

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9868401.63

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8374302.55

Forgiveness Date

08/15/2022

;