# PPP loan: PAY READY INC
> **$224K** approved 05/01/2020 · Paid in Full · Loan `5551317700`
## Borrower
- **Name:** PAY READY INC
- **Address:** 8921 BREAKERS DR, HUNTINGTON BEACH, CA, 92646-3306
- **NAICS:** 522291
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $229K (102%)
- **Forgiveness date:** 06/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*