# PPP loan: ROY M. RATHE ASSOCIATES INC.
> **$603K** approved 04/28/2020 · Paid in Full · Loan `6851417201`
## Borrower
- **Name:** ROY M. RATHE ASSOCIATES INC.
- **Address:** 1650 NEW HIGHWAY, FARMINGDALE, NY, 11735
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $603K
- **Initial approval:** $603K
- **Forgiven:** $609K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $603K
- **Jobs reported:** 29
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*