# PPP loan: RAPID CARE, INC.
> **$289K** approved 04/16/2020 · Paid in Full · Loan `2568797206`
## Borrower
- **Name:** RAPID CARE, INC.
- **Address:** 9511 US Highway 431, ALBERTVILLE, AL, 35950
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Mortgage interest:** $36K
- **Utilities:** $36K
- **Jobs reported:** 43
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*