# PPP loan: RAPID MORTGAGE COMPANY
> **$1.63M** approved 04/16/2020 · Paid in Full · Loan `2627707202`
## Borrower
- **Name:** RAPID MORTGAGE COMPANY
- **Address:** 7870 E KEMPER RD STE 280, CINCINNATI, OH, 45249
- **NAICS:** 522310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.65M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Health care:** $85K
- **Jobs reported:** 120
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*