# PPP loan: RAPID MGMT SVCS INC.
> **$260K** approved 02/03/2021 · Paid in Full · Loan `2445858403`
## Borrower
- **Name:** RAPID MGMT SVCS INC.
- **Address:** 6420 Wilshire Blvd Ste 1900, Los Angeles, CA, 90048-5560
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*