PPP Loan information for Ray electric, inc.

$15,270

Ray electric, inc. was initially approved for PPP Loan of amount $15,270, the current approved amount is $15,270. The loan was approved on 04/15/2020 by The WesBanco Bank, Inc. reported 4 jobs and $15,270 was used to fund payroll.

Ray electric, inc. is Existing or more than 2 years old

RAY ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

RAY ELECTRIC, INC.

Borrower Address

295 CHEROKEE RD

Borrower City

BRANDENBURG

Borrower State

KY

Borrower Zip

40108

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15270.00

Current Approval Amount

15270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRANDENBURG

Project County Name

MEADE

Project State

KY

Project Zip

40108-0001

CD

KY-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15270.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15436.09

Forgiveness Date

05/26/2021

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