PPP Loan information for Rapid ray's inc.

$108,425

Rapid ray's inc. was initially approved for PPP Loan of amount $108,425, the current approved amount is $108,425. The loan was approved on 04/07/2020 by The Saco & Biddeford Savings Institution reported 15 jobs and $108,425 was used to fund payroll.

Rapid ray's inc. is Existing or more than 2 years old

PPP Loan Search / ME / SACO / Rapid ray's inc.

RAPID RAY'S INC.

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

RAPID RAY'S INC.

Borrower Address

310 North Street

Borrower City

SACO

Borrower State

ME

Borrower Zip

04072-1811

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108425.00

Current Approval Amount

108425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SACO

Project County Name

YORK

Project State

ME

Project Zip

04072-1811

CD

ME-01

Jobs Reported

15

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108425.00

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

Subchapter S Corporation

Originating Lender Location Id

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109069.61

Forgiveness Date

11/25/2020

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