# PPP loan: RAASS BROTHERS INC
> **$156K** approved 03/23/2021 · Paid in Full · Loan `6466608602`
## Borrower
- **Name:** RAASS BROTHERS INC
- **Address:** 311 N Freedom Blvd, Provo, UT, 84601-2843
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 02/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*