PPP Loan information for Rapid pak, inc.

$24,858

Rapid pak, inc. was initially approved for PPP Loan of amount $24,858, the current approved amount is $24,858. The loan was approved on 04/11/2020 by The Volunteer State Bank reported 2 jobs and $24,858 was used to fund payroll.

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

RAPID PAK, INC.

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RAPID PAK, INC.

Borrower Address

4810 MURFREESBORO RD

Borrower City

ARRINGTON

Borrower State

TN

Borrower Zip

37014-9164

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24857.50

Current Approval Amount

24857.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARRINGTON

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37014-9164

CD

TN-07

Jobs Reported

2

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2486.20

Payroll Proceed

19885.60

Mortgage Interest Proceed

2485.70

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

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25041.17

Forgiveness Date

01/07/2021

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