# PPP loan: RAY SMITH CONSTRUCTION COMPANY, INC.
> **$186K** approved 04/27/2020 · Paid in Full · Loan `4325987209`
## Borrower
- **Name:** RAY SMITH CONSTRUCTION COMPANY, INC.
- **Address:** 30 OAK ST, LINVILLE, NC, 28646
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of Tennessee
- **Servicing:** Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*