# PPP loan: RAPID SYSTEMS INC.
> **$323K** approved 04/30/2020 · Paid in Full · Loan `6305197308`
## Borrower
- **Name:** RAPID SYSTEMS INC.
- **Address:** 1211 N Westshore Blvd Suite 711, Tampa, FL, 33607
- **NAICS:** 517919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Jobs reported:** 30
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*