# PPP loan: RAEMAE INC
> **$412K** approved 04/07/2020 · Paid in Full · Loan `7265477003`
## Borrower
- **Name:** RAEMAE INC
- **Address:** 8579 MASON MONTGOMERY RD BLDG 100 STE 2, MASON, OH, 45040-9250
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $412K
- **Initial approval:** $412K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $309K
- **Rent:** $103K
- **Jobs reported:** 107
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*