PPP Loan information for Rapid sport center, inc.

$788,000

Rapid sport center, inc. was initially approved for PPP Loan of amount $788,000, the current approved amount is $788,000. The loan was approved on 04/06/2020 by The 21st Century Bank reported 43 jobs and $788,000 was used to fund payroll.

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

PPP Loan Search / MN / ANDOVER / Rapid sport center, inc.

RAPID SPORT CENTER, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAPID SPORT CENTER, INC.

Borrower Address

1343 ANDOVER BLVD

Borrower City

ANDOVER

Borrower State

MN

Borrower Zip

55304-6105

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

788000.00

Current Approval Amount

788000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36718

Servicing Lender Name

21st Century Bank

Servicing Lender Address

699 N Medina St

Servicing Lender City

LORETTO

Servicing Lender State

MN

Servicing Lender Zip

55357-9595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDOVER

Project County Name

ANOKA

Project State

MN

Project Zip

55304-6105

CD

MN-06

Jobs Reported

43

NAICS Code

441222

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

788000.00

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

Corporation

Originating Lender Location Id

36718

Originating Lender

21st Century Bank

Originating Lender City

LORETTO

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

792377.78

Forgiveness Date

11/03/2020

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