PPP Loan information for Ray and company

$127,500

Ray and company was initially approved for PPP Loan of amount $127,500, the current approved amount is $127,500. The loan was approved on 04/29/2020 by The Prosperity Bank reported 10 jobs and $127,500 was used to fund payroll.

Ray and company is Existing or more than 2 years old

RAY AND COMPANY

Date Approved

04/29/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

RAY AND COMPANY

Borrower Address

402 Cypress Suite 200

Borrower City

Abilene

Borrower State

TX

Borrower Zip

79601-5151

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127500.00

Current Approval Amount

127500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Abilene

Project County Name

TAYLOR

Project State

TX

Project Zip

79601-5151

CD

TX-19

Jobs Reported

10

NAICS Code

541211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118095.55

Forgiveness Date

11/03/2020

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