PPP Loan information for Rapid investors, inc.

$5,200

Rapid investors, inc. was initially approved for PPP Loan of amount $5,200, the current approved amount is $5,200. The loan was approved on 04/28/2020 by The Cache Valley Bank reported 1 jobs and $5,200 was used to fund payroll.

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

RAPID INVESTORS, INC.

Date Approved

04/28/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

RAPID INVESTORS, INC.

Borrower Address

1625 CAMELOT DR

Borrower City

LOGAN

Borrower State

UT

Borrower Zip

84341-8831

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5200.00

Current Approval Amount

5200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOGAN

Project County Name

CACHE

Project State

UT

Project Zip

84341-8831

CD

UT-01

Jobs Reported

1

NAICS Code

523910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5200.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

5228.02

Forgiveness Date

11/19/2020

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