# PPP loan: RAYMOND OWNER LLC
> **$1.52M** approved 04/10/2020 · Paid in Full · Loan `1657637103`
## Borrower
- **Name:** RAYMOND OWNER LLC
- **Address:** 1048 Raymond Blvd. 0.0, Newark, NJ, 07102-5107
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $857K
- **Mortgage interest:** $235K
- **Utilities:** $146K
- **Health care:** $286K
- **Jobs reported:** 111
## 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*