PPP Loan information for Rapid river logistics llc

$281,543

Rapid river logistics llc was initially approved for PPP Loan of amount $281,543, the current approved amount is $281,543. The loan was approved on 04/10/2020 by The First Bank, Upper Michigan reported 35 jobs and $281,543 was used to fund payroll.

Rapid river logistics llc is Existing or more than 2 years old

RAPID RIVER LOGISTICS LLC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAPID RIVER LOGISTICS LLC

Borrower Address

721 N 9TH ST

Borrower City

GLADSTONE

Borrower State

MI

Borrower Zip

49837-1127

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281542.50

Current Approval Amount

281542.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLADSTONE

Project County Name

DELTA

Project State

MI

Project Zip

49837-1127

CD

MI-01

Jobs Reported

35

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

281542.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

283617.43

Forgiveness Date

01/12/2021

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