# PPP loan: RAYDOOR, INC
> **$154K** approved 04/16/2020 · Paid in Full · Loan `3029537204`
## Borrower
- **Name:** RAYDOOR, INC
- **Address:** 134 West 29th St Unit 909, NEW YORK, NY, 10001
- **NAICS:** 541490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $12K
- **Utilities:** $1K
- **Jobs reported:** 9
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*