# PPP loan: DOUG ASHY BUILDING MATERIALS OF RAYNE, INC
> **$303K** approved 04/27/2020 · Paid in Full · Loan `4324047207`
## Borrower
- **Name:** DOUG ASHY BUILDING MATERIALS OF RAYNE, INC
- **Address:** 302 TEXAS AVE, RAYNE, LA, 70578-6433
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 30
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*