# PPP loan: JAYRAY INDUSTRIES INC.
> **$207K** approved 05/23/2021 · Paid in Full · Loan `7192269000`
## Borrower
- **Name:** JAYRAY INDUSTRIES INC.
- **Address:** 575 Prospect St Ste 251F, Lakewood, NJ, 08701-5173
- **NAICS:** 454110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $210K (102%)
- **Forgiveness date:** 12/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 27
## Lender
- **Originating:** Trenton Business Assistance Corporation
- **Servicing:** Trenton Business Assistance Corporation (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*