As part of the Paycheck Protection Program RAPP PETROLEUM CORPORATION 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.

RAPP PETROLEUM CORPORATION


Loan Amount	$1,021,300
BusinessName	RAPP PETROLEUM CORPORATION
Address	112 Rt 369
City	PORT CRANE
State	NY
Zip	13833
NAICSCode	424710
BusinessType	Employee Stock Ownership Plan(ESOP)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	124
DateApproved	04/07/2020
Lender	Peoples Security Bank and Trust Company
CD	NY-22
BusinessName.clean	RAPP PETROLEUM

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

RAPPAHANNOCK AREA YOUNG MENS CHRISTIAN ASSOCIATION
RAPPAHANNOCK ELECTRIC COOPERATIVE
RAPPAHANNOCK GOODWILL INDUSTRIES
RAPPAHANNOCK RAPIDAN COMMUNITY SERVICES BOARD
RAPPAHANNOCK WESTMINSTERCANTERBURY