PPP Loan information for Rapid network solutions

$58,750

Rapid network solutions was initially approved for PPP Loan of amount $58,750, the current approved amount is $58,750. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 6 jobs and $58,750 was used to fund payroll.

Rapid network solutions is Existing or more than 2 years old

RAPID NETWORK SOLUTIONS

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAPID NETWORK SOLUTIONS

Borrower Address

2235 Morris Avenue Building 5A

Borrower City

Union

Borrower State

NJ

Borrower Zip

07083

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58750.00

Current Approval Amount

58750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Union

Project County Name

UNION

Project State

NJ

Project Zip

07083-0001

CD

NJ-10

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58750.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

59260.24

Forgiveness Date

03/18/2021

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