# PPP loan: R & A INVESTMENT CORP.
> **$249K** approved 05/01/2020 · Paid in Full · Loan `1604327710`
## Borrower
- **Name:** R & A INVESTMENT CORP.
- **Address:** 1300 NW 15TH AVE, POMPANO BEACH, FL, 33069
- **NAICS:** 523910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $25K
- **Utilities:** $1K
- **Health care:** $25K
- **Debt interest:** $5K
- **Jobs reported:** 19
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*