Rapid Industries INC
$60,487 PPP Loan in Essex, Connecticut
Loan Details
- Loan Number
- 6212258604
- Date Approved
- Mar 20, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $60,487
- Current Approval
- $60,487
- Forgiveness Amount
- $61,092
- Forgiveness Date
- Mar 24, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Rapid Industries INC
- Address
- 36a Plains Rd
- City
- Essex
- State
- Connecticut
- ZIP Code
- 06426-1501
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (326199)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 3
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- CT-02
Loan Use Breakdown
- Payroll
- $60,482
- Utilities
- $1
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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| Business | Approved | |
|---|---|---|
| Underwater Construction Corporation | $3,576,248 |  AI Deep Dive |
| The Griswold Inn, LLC | $740,608 | AI Deep Dive |
| Valley Railroad Company the | $667,519 | AI Deep Dive |
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| Structural Graphics, LLC | $622,200 | AI Deep Dive |
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