# PPP loan: RAPID INSURANCE SERVICES INC
> **$247K** approved 02/19/2021 · Paid in Full · Loan `2031558505`
## Borrower
- **Name:** RAPID INSURANCE SERVICES INC
- **Address:** 2319 N San Fernando Blvd, Burbank, CA, 91504-3352
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 08/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 52
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*