PPP Loan information for Ray builders inc.

$1,185,618

Ray builders inc. was initially approved for PPP Loan of amount $1,185,618, the current approved amount is $1,185,618. The loan was approved on 01/25/2021 by The Fulton Bank, National Association reported 52 jobs and $1,185,618 was used to fund payroll.

Ray builders inc. is Existing or more than 2 years old

RAY BUILDERS INC.

Date Approved

01/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RAY BUILDERS INC.

Borrower Address

150 James St Ste 206

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701-4167

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1185618.00

Current Approval Amount

1185618.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-4167

CD

NJ-04

Jobs Reported

52

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1185618.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1196954.46

Forgiveness Date

01/11/2022

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