PPP Loan information for Ray mart inc

$2,745,540

Ray mart inc was initially approved for PPP Loan of amount $2,745,540, the current approved amount is $2,745,540. The loan was approved on 04/08/2020 by The JPMorgan Chase Bank, National Association reported 243 jobs and $2,745,540 was used to fund payroll.

Ray mart inc is Existing or more than 2 years old

PPP Loan Search / TX / Beaumont / Ray mart inc

RAY MART INC

Date Approved

04/08/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

RAY MART INC

Borrower Address

7220 Eastex Frwy 0.0

Borrower City

Beaumont

Borrower State

TX

Borrower Zip

77708-3830

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2745540.00

Current Approval Amount

2745540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beaumont

Project County Name

JEFFERSON

Project State

TX

Project Zip

77708-3830

CD

TX-36

Jobs Reported

243

NAICS Code

444110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

2243540.00

Mortgage Interest Proceed

0.00

Rent Proceed

252000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

200000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2777528.59

Forgiveness Date

06/11/2021

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