# PPP loan: RAY-TECH INFRARED CORP
> **$165K** approved 01/28/2021 · Paid in Full · Loan `7845868310`
## Borrower
- **Name:** RAY-TECH INFRARED CORP
- **Address:** 198 Springfield Rd, Charlestown, NH, 03603-4737
- **NAICS:** 333120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $165K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Mascoma Bank
- **Servicing:** Mascoma Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*