PPP Loan information for Rapid oil change inc.

$353,800

Rapid oil change inc. was initially approved for PPP Loan of amount $353,800, the current approved amount is $353,800. The loan was approved on 04/04/2020 by The BankPlus reported 48 jobs and $353,800 was used to fund payroll.

Rapid oil change inc. is Existing or more than 2 years old

RAPID OIL CHANGE INC.

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

RAPID OIL CHANGE INC.

Borrower Address

1030 C Lake Village Circle

Borrower City

BRANDON

Borrower State

MS

Borrower Zip

39047-6761

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

353800.00

Current Approval Amount

353800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRANDON

Project County Name

RANKIN

Project State

MS

Project Zip

39047-6761

CD

MS-03

Jobs Reported

48

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13940.94

Payroll Proceed

280492.00

Mortgage Interest Proceed

0.00

Rent Proceed

56000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3367.06

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

356522.29

Forgiveness Date

01/12/2021

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