# PPP loan: RAPID TRANSPORTATION AND RECOVERY CORP
> **$210K** approved 06/29/2020 · Charged Off · Loan `6105328007`
## Borrower
- **Name:** RAPID TRANSPORTATION AND RECOVERY CORP
- **Address:** 9257 NW 3RD CT, CORAL SPRINGS, FL, 33071-6906
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Status:** Charged Off
- **Term:** 33 months
## Use of funds
- **Payroll:** $126K
- **Rent:** $84K
- **Jobs reported:** 16
## Lender
- **Originating:** iTHINK Financial CU
- **Servicing:** iTHINK Financial CU (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*