PPP Loan information for Ray & wally's towing service inc

$218,272

Ray & wally's towing service inc was initially approved for PPP Loan of amount $218,272, the current approved amount is $218,272. The loan was approved on 01/29/2021 by The Old National Bank reported 19 jobs and $218,272 was used to fund payroll.

Ray & wally's towing service inc is Existing or more than 2 years old

RAY & WALLY'S TOWING SERVICE INC

Date Approved

01/29/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RAY & WALLY'S TOWING SERVICE INC

Borrower Address

1585 Glenwood Dyer Rd

Borrower City

Lynwood

Borrower State

IL

Borrower Zip

60411-8643

Loan Status Date

02/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

218272.00

Current Approval Amount

218272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynwood

Project County Name

COOK

Project State

IL

Project Zip

60411-8643

CD

IL-02

Jobs Reported

19

NAICS Code

488410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

218269.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

220545.67

Forgiveness Date

02/09/2022

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