# PPP loan: RAY PEARMAN LINCOLN INC
> **$435K** approved 03/13/2021 · Paid in Full · Loan `1373458603`
## Borrower
- **Name:** RAY PEARMAN LINCOLN INC
- **Address:** 2501 Bob Wallace Ave SW, Huntsville, AL, 35805-4149
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $437K (100%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $435K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*