# PPP loan: RAY SKILLMAN AVON IMPORTS, INC.
> **$603K** approved 04/11/2020 · Paid in Full · Loan `3019957110`
## Borrower
- **Name:** RAY SKILLMAN AVON IMPORTS, INC.
- **Address:** 8775 East US 36 0.0, Avon, IN, 46123-7911
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $603K
- **Initial approval:** $603K
- **Forgiven:** $611K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $393K
- **Rent:** $150K
- **Utilities:** $10K
- **Health care:** $30K
- **Debt interest:** $20K
- **Jobs reported:** 51
## 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*