PPP Loan information for Ray lynn inc

$372,500

Ray lynn inc was initially approved for PPP Loan of amount $372,500, the current approved amount is $372,500. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 24 jobs and $372,500 was used to fund payroll.

Ray lynn inc is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / Ray lynn inc

RAY LYNN INC

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RAY LYNN INC

Borrower Address

382 Hart Road

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20878-5473

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372500.00

Current Approval Amount

372500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20878-5473

CD

MD-06

Jobs Reported

24

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

372500.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

375293.75

Forgiveness Date

01/12/2021

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