PPP Loan information for Ray chinn construction inc

$243,000

Ray chinn construction inc was initially approved for PPP Loan of amount $243,000, the current approved amount is $243,000. The loan was approved on 05/11/2020 by The Bank of the Sierra reported 25 jobs and $243,000 was used to fund payroll.

Ray chinn construction inc is Existing or more than 2 years old

RAY CHINN CONSTRUCTION INC

Date Approved

05/11/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

RAY CHINN CONSTRUCTION INC

Borrower Address

424 24TH STREET

Borrower City

BAKERSFIELD

Borrower State

CA

Borrower Zip

93301-4104

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243000.00

Current Approval Amount

243000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5993

Servicing Lender Name

Bank of the Sierra

Servicing Lender Address

90 N Main St

Servicing Lender City

PORTERVILLE

Servicing Lender State

CA

Servicing Lender Zip

93257-3712

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAKERSFIELD

Project County Name

KERN

Project State

CA

Project Zip

93301-4104

CD

CA-22

Jobs Reported

25

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

243000.00

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

5993

Originating Lender

Bank of the Sierra

Originating Lender City

PORTERVILLE

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

245882.71

Forgiveness Date

07/21/2021

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