# PPP loan: RAY'S REFRIGERATION, INC.
> **$157K** approved 04/28/2020 · Paid in Full · Loan `8406107203`
## Borrower
- **Name:** RAY'S REFRIGERATION, INC.
- **Address:** 700 N Second St, Coldwater, OH, 45828
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $10K
- **Utilities:** $6K
- **Jobs reported:** 16
## Lender
- **Originating:** The Peoples Bank Co
- **Servicing:** The Peoples Bank Co (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*