Rapid Pump & Meter Service Company, Inc.

$836,977 PPP Loan in Paterson, New Jersey

Loan Details

Loan Number
8773667100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$836,977
Current Approval
$836,977
Forgiveness Amount
$843,379
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rapid Pump & Meter Service Company, Inc.
Address
Po Box Ay
ZIP Code
07509-0847
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333318)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$629,040
Rent
$38,042
Utilities
$8,663
Health Care
$161,232

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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