# PPP loan: RAFFERTY'S INC. EMPLOYEE STOCK OWNERSHIP PLAN
> **$2.00M** approved 02/05/2021 · Paid in Full · Loan `3815848403`
## Borrower
- **Name:** RAFFERTY'S INC. EMPLOYEE STOCK OWNERSHIP PLAN
- **Address:** 1750 Scottsville Rd Ste 2, Bowling Green, KY, 42104-3375
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 300
## Lender
- **Originating:** Franklin Bank & Trust Company
- **Servicing:** Franklin Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*