# PPP loan: MIKE RAY AND ASSOCIATES, INC.
> **$286K** approved 04/07/2020 · Paid in Full · Loan `7076577010`
## Borrower
- **Name:** MIKE RAY AND ASSOCIATES, INC.
- **Address:** 21240 Foster Rd, Ste 1, Spring, TX, 77388-4205
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $276K (96%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $286K
- **Jobs reported:** 21
## Lender
- **Originating:** Woodforest National Bank
- **Servicing:** Woodforest National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*