# PPP loan: MICKELSON & RAY, INC.
> **$194K** approved 04/27/2020 · Paid in Full · Loan `4012417201`
## Borrower
- **Name:** MICKELSON & RAY, INC.
- **Address:** 2402 S 55th Ave, Phoenix, AZ, 85043
- **NAICS:** 327390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 25
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*