# PPP loan: RAZ IMPORTS, INC.
> **$1.69M** approved 04/08/2020 · Paid in Full · Loan `8252437008`
## Borrower
- **Name:** RAZ IMPORTS, INC.
- **Address:** 1020 EDEN RD, ARLINGTON, TX, 76001-7885
- **NAICS:** 425120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.69M
- **Forgiven:** $1.71M (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Mortgage interest:** $211K
- **Utilities:** $211K
- **Jobs reported:** 100
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*