# PPP loan: MERIDIAN RAPID DEFENSE GROUP LLC
> **$330K** approved 05/01/2020 · Paid in Full · Loan `8656307305`
## Borrower
- **Name:** MERIDIAN RAPID DEFENSE GROUP LLC
- **Address:** 177 E COLORADO BLVD SUITE 200, PASADENA, CA, 91105-1955
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Rent:** $17K
- **Debt interest:** $49K
- **Jobs reported:** 14
## 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*