# PPP loan: RAY'S AUTOMOTIVE INC
> **$151K** approved 04/10/2020 · Paid in Full · Loan `2427417106`
## Borrower
- **Name:** RAY'S AUTOMOTIVE INC
- **Address:** 1704 Baldwin St, WATERBURY, CT, 06706-2009
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 12
## Lender
- **Originating:** Berkshire Bank
- **Servicing:** Berkshire Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*