# PPP loan: RAPID RESTORATION & CONSTRUCTION, INC.
> **$237K** approved 04/08/2020 · Paid in Full · Loan `8588357001`
## Borrower
- **Name:** RAPID RESTORATION & CONSTRUCTION, INC.
- **Address:** 6250 W. 55th Ave., ARVADA, CO, 80002-2706
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Rent:** $43K
- **Utilities:** $9K
- **Health care:** $15K
- **Debt interest:** $2K
- **Jobs reported:** 13
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*