PPP Loan information for Ray lam

$6,908

Ray lam was initially approved for PPP Loan of amount $6,908, the current approved amount is $6,908. The loan was approved on 06/17/2020 by The Farmers & Merchants Bank reported 1 jobs and $6,908 was used to fund payroll.

Ray lam is Existing or more than 2 years old

RAY LAM

Date Approved

06/17/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAY LAM

Borrower Address

18680 MOUNT PLEASANT RD

Borrower City

ELKTON

Borrower State

VA

Borrower Zip

22827-2802

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6907.50

Current Approval Amount

6907.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKTON

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22827-2802

CD

VA-06

Jobs Reported

1

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6907.50

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

Sole Proprietorship

Originating Lender Location Id

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6937.24

Forgiveness Date

11/25/2020

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