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Rapid Machine Inc.

$214,700 PPP Loan in Pioneer, Ohio

Loan Details

Loan Number
7653598405
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$214,700
Current Approval
$214,700
Forgiveness Amount
$215,762
Forgiveness Date
Aug 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rapid Machine Inc.
Address
610 N State St
City
Pioneer
State
Ohio
ZIP Code
43554-9506
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OH-09

Loan Use Breakdown

Payroll
$214,694
Utilities
$1

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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