Rapid Logistics, LLC
$2,074,500 PPP Loan in Pharr, Texas
Loan Details
- Loan Number
- 3164187100
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,074,500
- Current Approval
- $2,074,500
- Forgiveness Amount
- $2,101,987
- Forgiveness Date
- Aug 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rapid Logistics, LLC
- Address
- 3814 N Cage Blvd
- City
- Pharr
- State
- Texas
- ZIP Code
- 78577-7500
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Transportation and Warehousing (484121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 164
- Estimated Revenue
- $33.0M
- Rural/Urban
- Urban
- Congressional District
- TX-15
Loan Use Breakdown
- Payroll
- $1,500,000
- Rent
- $274,500
- Utilities
- $300,000
Lender Information
- Servicing Lender
- International Bank of Commerce
- Originating Lender
- International Bank of Commerce
Other PPP Loans in Pharr, TX
| Business | Approved | |
|---|---|---|
| Royal Freight, LP | $2,493,689 | |
| Vip Providers INC | $1,915,700 | |
| Lynn Lee, Inc. | $1,861,482 | |
| Royal Freight LP | $1,707,420 | |
| Delgar Foods, LLC | $1,485,600 |
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