PPP Loan information for Ray corporation

$128,391

Ray corporation was initially approved for PPP Loan of amount $128,391, the current approved amount is $128,391. The loan was approved on 04/07/2020 by The Auburn Savings Bank, FSB reported 19 jobs and $128,391 was used to fund payroll.

Ray corporation is Existing or more than 2 years old

RAY CORPORATION

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

RAY CORPORATION

Borrower Address

571 Sabattus Street Suite #1

Borrower City

LEWISTON

Borrower State

ME

Borrower Zip

04240-4120

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128390.52

Current Approval Amount

128390.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79042

Servicing Lender Name

Auburn Savings Bank, FSB

Servicing Lender Address

256 Court St

Servicing Lender City

AUBURN

Servicing Lender State

ME

Servicing Lender Zip

04210-5402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWISTON

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04240-4120

CD

ME-02

Jobs Reported

19

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

96292.89

Mortgage Interest Proceed

22097.63

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

79042

Originating Lender

Auburn Savings Bank, FSB

Originating Lender City

AUBURN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

129410.51

Forgiveness Date

01/27/2021

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