# PPP loan: RAPID  INVESTEMENTS, INC.
> **$457K** approved 04/05/2020 · Paid in Full · Loan `5520807005`
## Borrower
- **Name:** RAPID  INVESTEMENTS, INC.
- **Address:** 3065 N. 200 W. Suite 200, LOGAN, UT, 84341-6645
- **NAICS:** 522298
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $457K
- **Initial approval:** $457K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Rent:** $19K
- **Utilities:** $7K
- **Jobs reported:** 33
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*