# PPP loan: RAYMON ENTERPRISES INC.
> **$779K** approved 04/06/2020 · Paid in Full · Loan `5782967007`
## Borrower
- **Name:** RAYMON ENTERPRISES INC.
- **Address:** 300 W JOHNSON ST, ALBION, IA, 50005-7802
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $779K
- **Initial approval:** $779K
- **Forgiven:** $784K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $584K
- **Utilities:** $195K
- **Jobs reported:** 83
## Lender
- **Originating:** United Bank & Trust Co
- **Servicing:** United Bank & Trust Co (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*