# PPP loan: R & F RAPIDE TRANSPORTATION LLC
> **$420K** approved 05/15/2020 · Charged Off · Loan `7031857410`
## Borrower
- **Name:** R & F RAPIDE TRANSPORTATION LLC
- **Address:** 1011 Arizona Avenue, Fort Lauderdale, FL, 33312
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $126K (30%)
- **Forgiveness date:** 08/23/2021
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 4
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*