PPP Loan information for Ray engineering inc.

$136,800

Ray engineering inc. was initially approved for PPP Loan of amount $136,800, the current approved amount is $136,800. The loan was approved on 05/05/2020 by The First-Citizens Bank & Trust Company reported 7 jobs and $136,800 was used to fund payroll.

Ray engineering inc. is New Business or 2 years or less

PPP Loan Search / GA / NORCROSS / Ray engineering inc.

RAY ENGINEERING INC.

Date Approved

05/05/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RAY ENGINEERING INC.

Borrower Address

3985 STEVE REYNOLDS BLVD BLDG A Ste A

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30093

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136800.00

Current Approval Amount

136800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30093-0001

CD

GA-07

Jobs Reported

7

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

136800.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137980.60

Forgiveness Date

03/23/2021

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