# PPP loan: RAY ZOBEL & SONS INC
> **$166K** approved 02/04/2021 · Paid in Full · Loan `2955008406`
## Borrower
- **Name:** RAY ZOBEL & SONS INC
- **Address:** 321 Veterans Dr, Reedsburg, WI, 53959-1475
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Jobs reported:** 16
## Lender
- **Originating:** Community First Bank
- **Servicing:** Community First Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*