# PPP loan: SOURCE-RAY INC.
> **$409K** approved 04/30/2020 · Paid in Full · Loan `6606497308`
## Borrower
- **Name:** SOURCE-RAY INC.
- **Address:** 50 FLEETWOOD CT, RONKONKOMA, NY, 11779-6907
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $409K
- **Jobs reported:** 29
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*