PPP Loan information for Rapid restoration llc

$125,500

Rapid restoration llc was initially approved for PPP Loan of amount $125,500, the current approved amount is $125,500. The loan was approved on 04/13/2020 by The MidWestOne Bank reported 10 jobs and $125,500 was used to fund payroll.

Rapid restoration llc is Existing or more than 2 years old

RAPID RESTORATION LLC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAPID RESTORATION LLC

Borrower Address

1900 County Road C W

Borrower City

Roseville

Borrower State

MN

Borrower Zip

55113

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125500.00

Current Approval Amount

125500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roseville

Project County Name

RAMSEY

Project State

MN

Project Zip

55113-0001

CD

MN-04

Jobs Reported

10

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7843.75

Payroll Proceed

94125.00

Mortgage Interest Proceed

7843.75

Rent Proceed

7843.75

Refinance EIDL Proceed

7843.75

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127082.69

Forgiveness Date

07/15/2021

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