Rapids, Inc.

$66,000 PPP Loan in Marion, Iowa

Loan Details

Loan Number
4618227001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$66,000
Current Approval
$66,000
Forgiveness Amount
$66,391
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rapids, Inc.
Address
6201 S Gateway Drive
City
Marion
State
Iowa
ZIP Code
52302-9430
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (425120)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$66,000

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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