Rapid Transport, Ltd
$347,900 PPP Loan in Kermit, Texas
Loan Details
- Loan Number
- 9681977107
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $347,900
- Current Approval
- $347,900
- Forgiveness Amount
- $351,166
- Forgiveness Date
- Mar 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rapid Transport, Ltd
- Address
- 1230 S State Highway 18
- City
- Kermit
- State
- Texas
- ZIP Code
- 79745-5256
- Business Type
- Partnership
- Industry (NAICS)
- Transportation and Warehousing (483211)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $6.6M
- Rural/Urban
- Urban
- Congressional District
- TX-23
Loan Use Breakdown
- Payroll
- $278,320
- Rent
- $34,790
- Utilities
- $34,790
Lender Information
- Servicing Lender
- City Bank
- Originating Lender
- City Bank
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|---|---|---|
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| A. Quiroz Trucking & Backhoe Service LLC | $420,368 | AI Deep Dive |
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| Joat One Enterprises LLC | $367,391 | AI Deep Dive |
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