# PPP loan: RAYNHAM SATURN, INC
> **$380K** approved 04/10/2020 · Paid in Full · Loan `1474477100`
## Borrower
- **Name:** RAYNHAM SATURN, INC
- **Address:** 1545 New State Highway 0.0, Raynham, MA, 02767-1562
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Rent:** $40K
- **Utilities:** $10K
- **Health care:** $7K
- **Jobs reported:** 23
## 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*