# PPP loan: RAPAD WELL SERVICE, INC.
> **$343K** approved 04/03/2020 · Paid in Full · Loan `4550357008`
## Borrower
- **Name:** RAPAD WELL SERVICE, INC.
- **Address:** 217 West Capitol Street, JACKSON, MS, 39201-2004
- **NAICS:** 211120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $343K
- **Initial approval:** $343K
- **Forgiven:** $345K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Health care:** $15K
- **Jobs reported:** 28
## 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*