# PPP loan: RAPID PRODUCT SOLUTIONS, INC.
> **$223K** approved 01/22/2021 · Paid in Full · Loan `3365908301`
## Borrower
- **Name:** RAPID PRODUCT SOLUTIONS, INC.
- **Address:** 2240 Celsius Ave Ste D, Oxnard, CA, 93030-8015
- **NAICS:** 326150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $223K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Royal Business Bank
- **Servicing:** Royal Business Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*