# PPP loan: RAPAD DRILLING COMPANY, LLC.
> **$1.83M** approved 04/03/2020 · Paid in Full · Loan `4498927004`
## Borrower
- **Name:** RAPAD DRILLING COMPANY, LLC.
- **Address:** 217 West Capital Street, JACKSON, MS, 39201
- **NAICS:** 211120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.83M
- **Initial approval:** $1.83M
- **Forgiven:** $948K (52%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.57M
- **Health care:** $264K
- **Jobs reported:** 62
## Lender
- **Originating:** First Commercial Bank
- **Servicing:** First Commercial Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*