# PPP loan: RAPID LOGISTICS COURIER LLC
> **$420K** approved 04/13/2020 · Paid in Full · Loan `5105267110`
## Borrower
- **Name:** RAPID LOGISTICS COURIER LLC
- **Address:** 26500 AGOURA RD, Ste 102-588, CALABASAS, CA, 91302-1952
- **NAICS:** 481112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Rent:** $59K
- **Utilities:** $25K
- **Health care:** $8K
- **Jobs reported:** 63
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*