# PPP loan: RAYCON CONSTRUCTION LLC
> **$1.33M** approved 05/01/2020 · Paid in Full · Loan `7059117707`
## Borrower
- **Name:** RAYCON CONSTRUCTION LLC
- **Address:** 25 BRAINTREE HILL PARK STE 200, BRAINTREE, MA, 02184-8796
- **NAICS:** 238110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.33M
- **Initial approval:** $1.33M
- **Forgiven:** $1.35M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.33M
- **Jobs reported:** 140
## 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*