PPP Loan information for Rapid transport inc

$230,264

Rapid transport inc was initially approved for PPP Loan of amount $230,264, the current approved amount is $230,264. The loan was approved on 04/28/2020 by The Valley National Bank reported 16 jobs and $230,264 was used to fund payroll.

Rapid transport inc is Existing or more than 2 years old

PPP Loan Search / NJ / Jersey City / Rapid transport inc

RAPID TRANSPORT INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAPID TRANSPORT INC

Borrower Address

107 Westside Ave

Borrower City

Jersey City

Borrower State

NJ

Borrower Zip

07305

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230264.00

Current Approval Amount

230264.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jersey City

Project County Name

HUDSON

Project State

NJ

Project Zip

07305-0001

CD

NJ-10

Jobs Reported

16

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230264.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

232560.24

Forgiveness Date

05/03/2021

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