PPP Loan information for Rapid controls inc

$24,122

Rapid controls inc was initially approved for PPP Loan of amount $24,122, the current approved amount is $24,122. The loan was approved on 05/01/2020 by The Cross River Bank reported 3 jobs and $24,122 was used to fund payroll.

Rapid controls inc is Existing or more than 2 years old

PPP Loan Search / SD / RAPID CITY / Rapid controls inc

RAPID CONTROLS INC

Date Approved

05/01/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

RAPID CONTROLS INC

Borrower Address

2693 COMMERCE RD STE G

Borrower City

RAPID CITY

Borrower State

SD

Borrower Zip

57702-8071

Loan Status Date

08/13/2022

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

24122.00

Current Approval Amount

24122.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAPID CITY

Project County Name

PENNINGTON

Project State

SD

Project Zip

57702-8071

CD

SD-

Jobs Reported

3

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24122.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;