# PPP loan: RAPID MED, LLC
> **$494K** approved 03/12/2021 · Paid in Full · Loan `9771618507`
## Borrower
- **Name:** RAPID MED, LLC
- **Address:** 8501 Justin Rd, Double Oak, TX, 75077-3031
- **NAICS:** 561110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $497K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $494K
- **Jobs reported:** 49
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*