PPP Loan information for Rapid penetration of markets

$20,833

Rapid penetration of markets was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 01/20/2021 by The Cache Valley Bank reported 1 jobs and $20,833 was used to fund payroll.

Rapid penetration of markets is Existing or more than 2 years old

RAPID PENETRATION OF MARKETS

Date Approved

01/20/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

RAPID PENETRATION OF MARKETS

Borrower Address

995 Whisperwood Cv

Borrower City

Kaysville

Borrower State

UT

Borrower Zip

84037-3721

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kaysville

Project County Name

DAVIS

Project State

UT

Project Zip

84037-3721

CD

UT-01

Jobs Reported

1

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.33

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

Limited Liability Company(LLC)

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21068.28

Forgiveness Date

03/21/2022

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