# PPP loan: RAY-BLAN, INC
> **$296K** approved 04/16/2020 · Paid in Full · Loan `3067247201`
## Borrower
- **Name:** RAY-BLAN, INC
- **Address:** 205 HARBOR PLACE, GOODLAND, FL, 34140
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Rent:** $30K
- **Utilities:** $30K
- **Jobs reported:** 62
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*