# PPP loan: RAY S. PANTEL, INC.
> **$218K** approved 05/07/2020 · Paid in Full · Loan `3482707401`
## Borrower
- **Name:** RAY S. PANTEL, INC.
- **Address:** 71-73 WISNER AVENUE, MIDDLETOWN, NY, 10940
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 15
## Lender
- **Originating:** Orange Bank & Trust Company
- **Servicing:** Orange Bank & Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*