PPP Loan information for Ray communications inc. raytec systems

$76,000

Ray communications inc. raytec systems was initially approved for PPP Loan of amount $76,000, the current approved amount is $76,000. The loan was approved on 02/05/2021 by The Citizens Bank, National Association reported 8 jobs and $76,000 was used to fund payroll.

Ray communications inc. raytec systems is Existing or more than 2 years old

RAY COMMUNICATIONS INC. RAYTEC SYSTEMS

Date Approved

02/05/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

RAY COMMUNICATIONS INC. RAYTEC SYSTEMS

Borrower Address

1337 Commerce Dr

Borrower City

Stow

Borrower State

OH

Borrower Zip

44224-1746

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76000.00

Current Approval Amount

76000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stow

Project County Name

SUMMIT

Project State

OH

Project Zip

44224-1746

CD

OH-13

Jobs Reported

8

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

75998.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76378.96

Forgiveness Date

08/11/2021

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