# PPP loan: RAPID DIAGNOSTICS INC.
> **$181K** approved 01/22/2021 · Paid in Full · Loan `3954758302`
## Borrower
- **Name:** RAPID DIAGNOSTICS INC.
- **Address:** 115 W Sunrise Hwy, Freeport, NY, 11520-3612
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 04/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 15
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*