PPP Loan information for Rapid development group, llc

$178,065

Rapid development group, llc was initially approved for PPP Loan of amount $178,065, the current approved amount is $178,065. The loan was approved on 04/15/2020 by The First National Bank of Michigan reported 10 jobs and $178,065 was used to fund payroll.

Rapid development group, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Rapid development group, llc

RAPID DEVELOPMENT GROUP, LLC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAPID DEVELOPMENT GROUP, LLC

Borrower Address

5677 MANCHESTER HILLS DR SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49546-9046

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178065.00

Current Approval Amount

178065.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

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

49546-9046

CD

MI-03

Jobs Reported

10

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178065.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

179035.82

Forgiveness Date

11/03/2020

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