# PPP loan: RAFFERTY'S. INC. EMPLOYEE STOCK OWNERSHIP TRUST
> **$4.14M** approved 04/09/2020 · Paid in Full · Loan `9976607000`
## Borrower
- **Name:** RAFFERTY'S. INC. EMPLOYEE STOCK OWNERSHIP TRUST
- **Address:** 1750 Scottsville Road Suite2 0.0, Bowling Green, KY, 42104-3375
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.14M
- **Initial approval:** $4.14M
- **Forgiven:** $4.19M (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.54M
- **Rent:** $270K
- **Utilities:** $162K
- **Health care:** $138K
- **Debt interest:** $24K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*