PPP Loan information for Ray alderman & sons, inc

$410,500

Ray alderman & sons, inc was initially approved for PPP Loan of amount $410,500, the current approved amount is $410,500. The loan was approved on 04/04/2020 by The Community State Bank reported 43 jobs and $410,500 was used to fund payroll.

Ray alderman & sons, inc is Existing or more than 2 years old

PPP Loan Search / WI / UNION GROVE / Ray alderman & sons, inc

RAY ALDERMAN & SONS, INC

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RAY ALDERMAN & SONS, INC

Borrower Address

2209 South Colony Ave

Borrower City

UNION GROVE

Borrower State

WI

Borrower Zip

53182-9676

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410500.00

Current Approval Amount

410500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76852

Servicing Lender Name

Community State Bank

Servicing Lender Address

1500 Main St

Servicing Lender City

UNION GROVE

Servicing Lender State

WI

Servicing Lender Zip

53182-1720

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION GROVE

Project County Name

RACINE

Project State

WI

Project Zip

53182-9676

CD

WI-01

Jobs Reported

43

NAICS Code

424490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

370752.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

32748.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

76852

Originating Lender

Community State Bank

Originating Lender City

UNION GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

414841.18

Forgiveness Date

05/03/2021

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