# PPP loan: RAYS AUTO & TRUCK SERVICE. INC.
> **$226K** approved 04/06/2020 · Paid in Full · Loan `5809357002`
## Borrower
- **Name:** RAYS AUTO & TRUCK SERVICE. INC.
- **Address:** 38219 Colorado Avenue, AVON, OH, 44011-1001
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Jobs reported:** 21
## Lender
- **Originating:** First Federal Savings & Loan Association of Lakewood
- **Servicing:** First Federal Savings & Loan Association of Lakewood (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*