# PPP loan: RAY PEARMAN LINCOLN, INC.
> **$435K** approved 04/16/2020 · Paid in Full · Loan `3131017208`
## Borrower
- **Name:** RAY PEARMAN LINCOLN, INC.
- **Address:** 2501 BOB WALLACE AVE SW, HUNTSVILLE, AL, 35805-4149
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $438K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $435K
- **Jobs reported:** 43
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*