PPP Loan information for Rap inc.

$584,923

Rap inc. was initially approved for PPP Loan of amount $584,923, the current approved amount is $584,923. The loan was approved on 01/30/2021 by The Capital Bank, National Association reported 81 jobs and $584,923 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

01/30/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

RAP INC.

Borrower Address

1949 4th St NE

Borrower City

Washington

Borrower State

DC

Borrower Zip

20002-1211

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

584922.50

Current Approval Amount

584922.50

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

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

584922.50

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

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

591389.14

Forgiveness Date

03/10/2022

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