# PPP loan: RAYDON INC.
> **$566K** approved 04/13/2021 · Paid in Full · Loan `2738238801`
## Borrower
- **Name:** RAYDON INC.
- **Address:** 300 FM 3099, Breckenridge, TX, 76424
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $566K
- **Initial approval:** $566K
- **Forgiven:** $569K (100%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $566K
- **Jobs reported:** 60
## Lender
- **Originating:** Clear Fork Bank National Association
- **Servicing:** Clear Fork Bank National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*