# PPP loan: SYNRAY CORPORATION
> **$338K** approved 04/09/2020 · Paid in Full · Loan `9331827010`
## Borrower
- **Name:** SYNRAY CORPORATION
- **Address:** 209 N MICHIGAN AVE, KENILWORTH, NJ, 07033-1264
- **NAICS:** 325998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Health care:** $62K
- **Jobs reported:** 27
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*