As part of the Paycheck Protection Program RAPID LOGISTICS, LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RAPID LOGISTICS, LLC


Loan Amount	$2,074,500
BusinessName	RAPID LOGISTICS, LLC
Address	3814 N Cage Blvd
City	PHARR
State	TX
Zip	78577
NAICSCode	484121
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	164
DateApproved	04/11/2020
Lender	International Bank of Commerce
CD	TX-15
BusinessName.clean	RAPID LOGISTICS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

RAPID MANUFACTURING
RAPID MORTGAGE COMPANY
RAPID RADIOLOGY
RAPID RESPONSE EMERGENCY SERVICES
RAPID RESPONSE MONITORING SERVICES