# PPP loan: RAPID HOLDINGS LLC
> **$252K** approved 04/08/2020 · Charged Off · Loan `7932267004`
## Borrower
- **Name:** RAPID HOLDINGS LLC
- **Address:** 801 GREAT SOUTHWEST PARKWAY, ATLANTA, GA, 30336-2515
- **NAICS:** 541614
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $171K (68%)
- **Forgiveness date:** 06/24/2021
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $189K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 23
## Lender
- **Originating:** Vinings Bank
- **Servicing:** Georgia's Own Credit Union (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*