PPP Loan information for Ray bros farms inc

$50,435

Ray bros farms inc was initially approved for PPP Loan of amount $27,217, the current approved amount is $50,435. The loan was approved on 05/07/2020 by The BMO Harris Bank National Association reported 9 jobs and $50,435 was used to fund payroll.

Ray bros farms inc is Existing or more than 2 years old

RAY BROS FARMS INC

Date Approved

05/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RAY BROS FARMS INC

Borrower Address

7558 350

Borrower City

ELWOOD

Borrower State

IN

Borrower Zip

46036

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27217.00

Current Approval Amount

50435.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELWOOD

Project County Name

MADISON

Project State

IN

Project Zip

46036-0001

CD

IN-05

Jobs Reported

9

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50435.00

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

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50953.17

Forgiveness Date

05/26/2021

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