# PPP loan: J&J RAYMOND CONSTRUCTION, LLC
> **$407K** approved 04/06/2020 · Paid in Full · Loan `6049967009`
## Borrower
- **Name:** J&J RAYMOND CONSTRUCTION, LLC
- **Address:** 527 LOOP 500, CENTER, TX, 75935-5689
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $407K
- **Initial approval:** $407K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Rent:** $47K
- **Utilities:** $35K
- **Jobs reported:** 30
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*