PPP Loan information for Rapids printing inc.

$17,120

Rapids printing inc. was initially approved for PPP Loan of amount $17,120, the current approved amount is $17,120. The loan was approved on 01/27/2021 by The Deerwood Bank reported 3 jobs and $17,120 was used to fund payroll.

Rapids printing inc. is Existing or more than 2 years old

RAPIDS PRINTING INC.

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RAPIDS PRINTING INC.

Borrower Address

1001 S Pokegama Ave Ste B

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-3919

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17120.00

Current Approval Amount

17120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3919

CD

MN-08

Jobs Reported

3

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

17118.00

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

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17272.65

Forgiveness Date

12/16/2021

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