PPP Loan information for Rapid mortgage company

$1,627,075

Rapid mortgage company was initially approved for PPP Loan of amount $1,627,075, the current approved amount is $1,627,075. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 120 jobs and $1,627,075 was used to fund payroll.

Rapid mortgage company is Existing or more than 2 years old

RAPID MORTGAGE COMPANY

Date Approved

04/16/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

RAPID MORTGAGE COMPANY

Borrower Address

7870 E KEMPER RD STE 280

Borrower City

CINCINNATI

Borrower State

OH

Borrower Zip

45249

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1627075.00

Current Approval Amount

1627075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CINCINNATI

Project County Name

HAMILTON

Project State

OH

Project Zip

45249-1000

CD

OH-01

Jobs Reported

120

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1542392.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

84683.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1647848.23

Forgiveness Date

08/02/2021

;