PPP Loan information for Rapid control service inc.

$200,000

Rapid control service inc. was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 05/04/2020 by The Fifth Third Bank reported 10 jobs and $200,000 was used to fund payroll.

Rapid control service inc. is Existing or more than 2 years old

RAPID CONTROL SERVICE INC.

Date Approved

05/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAPID CONTROL SERVICE INC.

Borrower Address

2479 28TH ST SW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49519

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49519-1200

CD

MI-03

Jobs Reported

10

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200000.00

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203200.00

Forgiveness Date

12/14/2021

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