PPP borrower record
RAPID-LINE INC EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN PPP loan record
Public SBA PPP loan record for RAPID-LINE INC EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,143,380
Approved amount
N/A
Forgiven amount
2020-04-09
Date approved
Borrower and loan details
Borrower
RAPID-LINE INC EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN
Loan number
1096717102
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Wyoming
Borrower state
Michigan
Borrower ZIP
49509
Jobs reported
106
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
JPMorgan Chase Bank, National Association
Originating lender
JPMorgan Chase Bank, National Association
Reported use of proceeds
Payroll
$914,704
Rent
$64,274
Utilities
$60,000
Mortgage interest
$0
Health care
$89,402
Debt interest
$15,000
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.