# PPP loan: RAY ZOBEL & SONS, INC.
> **$196K** approved 05/01/2020 · Paid in Full · Loan `8935107307`
## Borrower
- **Name:** RAY ZOBEL & SONS, INC.
- **Address:** 321 VETERANS DR, REEDSBURG, WI, 53959-1475
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 21
## Lender
- **Originating:** Community First Bank
- **Servicing:** Community First Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*