PPP Loan information for Rapid-packaging corporation

$533,100

Rapid-packaging corporation was initially approved for PPP Loan of amount $533,100, the current approved amount is $533,100. The loan was approved on 04/30/2020 by The Comerica Bank reported 38 jobs and $533,100 was used to fund payroll.

Rapid-packaging corporation is Unanswered

PPP Loan Search / MI / GRAND RAPIDS / Rapid-packaging corporation

RAPID-PACKAGING CORPORATION

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAPID-PACKAGING CORPORATION

Borrower Address

5151 52nd Street

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-9718

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

533100.00

Current Approval Amount

533100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-9718

CD

MI-03

Jobs Reported

38

NAICS Code

322212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

426524.00

Mortgage Interest Proceed

106576.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

540119.15

Forgiveness Date

08/26/2021

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