Rapid Transport Ltd

$360,641 PPP Loan in Kermit, Texas

Loan Details

Loan Number
2342258408
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$360,641
Current Approval
$360,641
Forgiveness Amount
$365,520
Forgiveness Date
Jun 8, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rapid Transport Ltd
Address
1230 S State Highway 18
City
Kermit
State
Texas
ZIP Code
79745-5256
Business Type
Partnership
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (211120)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-23

Loan Use Breakdown

Payroll
$360,641

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

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