# PPP loan: RAY PRODUCTSINC.
> **$447K** approved 01/22/2021 · Paid in Full · Loan `3698878303`
## Borrower
- **Name:** RAY PRODUCTSINC.
- **Address:** 1212 Corporate Dr, Parsons, KS, 67357-4962
- **NAICS:** 322219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $447K
- **Initial approval:** $447K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $447K
- **Jobs reported:** 47
## Lender
- **Originating:** Equity Bank
- **Servicing:** Equity Bank (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*