PPP Loan information for Rap export inc

$75,500

Rap export inc was initially approved for PPP Loan of amount $75,500, the current approved amount is $75,500. The loan was approved on 05/02/2020 by The International Bank of Commerce reported 10 jobs and $75,500 was used to fund payroll.

Rap export inc is Existing or more than 2 years old

RAP EXPORT INC

Date Approved

05/02/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

RAP EXPORT INC

Borrower Address

2201 SAN DARIO AVE

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78040-4815

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75500.00

Current Approval Amount

75500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70700

Servicing Lender Name

International Bank of Commerce

Servicing Lender Address

1200 San Bernardo Ave

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78040-6301

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78040-4815

CD

TX-28

Jobs Reported

10

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9500.00

Payroll Proceed

58000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

70700

Originating Lender

International Bank of Commerce

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76122.88

Forgiveness Date

03/08/2021

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