PPP Loan information for Rapid flow, inc.

$1,092,107

Rapid flow, inc. was initially approved for PPP Loan of amount $1,092,107, the current approved amount is $1,092,107. The loan was approved on 01/21/2021 by The Santander Bank, National Association reported 40 jobs and $1,092,107 was used to fund payroll.

Rapid flow, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Chelsea / Rapid flow, inc.

RAPID FLOW, INC.

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RAPID FLOW, INC.

Borrower Address

85 Crescent Ave

Borrower City

Chelsea

Borrower State

MA

Borrower Zip

02150-2582

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1092107.00

Current Approval Amount

1092107.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

SUFFOLK

Project State

MA

Project Zip

02150-2582

CD

MA-07

Jobs Reported

40

NAICS Code

562998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1092105.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1097522.65

Forgiveness Date

07/28/2021

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