Rapid Pellet Inc.
$785,250 PPP Loan in Jermyn, Pennsylvania
Loan Details
- Loan Number
- 4077457301
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $785,250
- Current Approval
- $785,250
- Forgiveness Amount
- $790,714
- Forgiveness Date
- Jan 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rapid Pellet Inc.
- Address
- P.o. Box 123, 100 Bonnie Drive
- City
- Jermyn
- State
- Pennsylvania
- ZIP Code
- 18433
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (321920)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 84
- Estimated Revenue
- $83.3M
- Rural/Urban
- Urban
- Congressional District
- PA-08
Loan Use Breakdown
- Payroll
- $785,250
Lender Information
- Servicing Lender
- Community Bank, National Association
- Originating Lender
- Community Bank, National Association
Other PPP Loans in Jermyn, PA
| Business | Approved | |
|---|---|---|
| Bardane Mfg Co | $650,000 | |
| Bardane Mfg. Co. | $650,000 | |
| P & R Discount Foods II | $444,817 | |
| J & E Industries, Inc. | $382,400 | |
| United Laminations, Inc. | $247,000 |
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