# PPP loan: A.RAY HOSPITALITY, LLC
> **$441K** approved 04/07/2020 · Paid in Full · Loan `7577167003`
## Borrower
- **Name:** A.RAY HOSPITALITY, LLC
- **Address:** 408 38th Ave. N, NASHVILLE, TN, 37209-3731
- **NAICS:** 561110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $441K
- **Initial approval:** $441K
- **Forgiven:** $442K (100%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $353K
- **Rent:** $10K
- **Utilities:** $10K
- **Health care:** $45K
- **Debt interest:** $23K
- **Jobs reported:** 34
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*