PPP Loan information for Ray automotive, llc

$41,250

Ray automotive, llc was initially approved for PPP Loan of amount $41,250, the current approved amount is $41,250. The loan was approved on 04/15/2020 by The BNA Bank reported 9 jobs and $41,250 was used to fund payroll.

Ray automotive, llc is New Business or 2 years or less

RAY AUTOMOTIVE, LLC

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

RAY AUTOMOTIVE, LLC

Borrower Address

512 WEST LONGVIEW DR

Borrower City

NEW ALBANY

Borrower State

MS

Borrower Zip

38652-2438

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41250.00

Current Approval Amount

41250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39647

Servicing Lender Name

BNA Bank

Servicing Lender Address

133 E Bankhead St

Servicing Lender City

NEW ALBANY

Servicing Lender State

MS

Servicing Lender Zip

38652-3933

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW ALBANY

Project County Name

UNION

Project State

MS

Project Zip

38652-2438

CD

MS-01

Jobs Reported

9

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

312.00

Payroll Proceed

30938.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39647

Originating Lender

BNA Bank

Originating Lender City

NEW ALBANY

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34435.79

Forgiveness Date

11/09/2020

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