# PPP loan: RAYDON, INC.
> **$538K** approved 04/05/2020 · Paid in Full · Loan `5574467005`
## Borrower
- **Name:** RAYDON, INC.
- **Address:** PO BOX 671, BRECKENRIDGE, TX, 76424-0671
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $538K
- **Jobs reported:** 55
## Lender
- **Originating:** Clear Fork Bank National Association
- **Servicing:** Clear Fork Bank National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*