Wyoming, MI
As part of the Paycheck Protection Program RAPID-LINE INC EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN 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.
| Loan Amount | $1,143,380 |
| BusinessName | RAPID-LINE INC EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN |
| Address | 1475 Gezon Parkway SW |
| City | Wyoming |
| State | MI |
| Zip | 49509 |
| NAICSCode | 332322 |
| BusinessType | Subchapter S Corporation |
| RaceEthnicity | Unanswered |
| Gender | Unanswered |
| Veteran | Unanswered |
| NonProfit | |
| JobsReported | 106 |
| DateApproved | 04/09/2020 |
| Lender | JPMorgan Chase Bank, National Association |
| CD | MI-02 |
| BusinessName.clean | RAPIDLINE EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN |
The data come from a release of over 5 million records by the SBA in November, 2020.
Entities affected by Coronavirus (COVID-19) may have been eligible, including:
More info about the PPP is available from the Small Business Administration.
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