PPP Loan information for Ray tool, incorporated

$36,200

Ray tool, incorporated was initially approved for PPP Loan of amount $36,200, the current approved amount is $36,200. The loan was approved on 04/08/2020 by The Peoples Bank reported 3 jobs and $36,200 was used to fund payroll.

Ray tool, incorporated is Existing or more than 2 years old

PPP Loan Search / IA / DE SOTO / Ray tool, incorporated

RAY TOOL, INCORPORATED

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RAY TOOL, INCORPORATED

Borrower Address

328 Walnut St

Borrower City

DE SOTO

Borrower State

IA

Borrower Zip

50069-1057

Loan Status Date

08/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36200.00

Current Approval Amount

36200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25049

Servicing Lender Name

Peoples Bank

Servicing Lender Address

12701 University Ave

Servicing Lender City

CLIVE

Servicing Lender State

IA

Servicing Lender Zip

50325-8246

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DE SOTO

Project County Name

DALLAS

Project State

IA

Project Zip

50069-1057

CD

IA-03

Jobs Reported

3

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36200.00

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

25049

Originating Lender

Peoples Bank

Originating Lender City

CLIVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36378.99

Forgiveness Date

10/13/2020

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