PPP Loan information for Rap, inc.

$485,442

Rap, inc. was initially approved for PPP Loan of amount $485,442, the current approved amount is $485,442. The loan was approved on 04/29/2020 by The Capital Bank, National Association reported 81 jobs and $485,442 was used to fund payroll.

Rap, inc. is Existing or more than 2 years old

PPP Loan Search / DC / Washington / Rap, inc.

RAP, INC.

Date Approved

04/29/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RAP, INC.

Borrower Address

1949 4th Street NE

Borrower City

Washington

Borrower State

DC

Borrower Zip

20002-1211

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

485442.00

Current Approval Amount

485442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124055

Servicing Lender Name

Capital Bank, National Association

Servicing Lender Address

2275 Research Blvd Ste 600

Servicing Lender City

ROCKVILLE

Servicing Lender State

MD

Servicing Lender Zip

20850-6238

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20002-1211

CD

DC-

Jobs Reported

81

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

485442.00

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

Non-Profit Organization

Originating Lender Location Id

124055

Originating Lender

Capital Bank, National Association

Originating Lender City

ROCKVILLE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

488786.16

Forgiveness Date

01/12/2021

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