PPP Loan information for Rapid flow, inc.

$951,700

Rapid flow, inc. was initially approved for PPP Loan of amount $951,700, the current approved amount is $951,700. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 60 jobs and $951,700 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

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAPID FLOW, INC.

Borrower Address

85 CRESCENT AVE

Borrower City

CHELSEA

Borrower State

MA

Borrower Zip

02150

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

951700.00

Current Approval Amount

951700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

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

02150-0006

CD

MA-07

Jobs Reported

60

NAICS Code

562998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

951700.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

946705.20

Forgiveness Date

11/05/2020

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