PPP Loan information for Rayan rm national corporation

$62,500

Rayan rm national corporation was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/08/2020 by The Veritex Community Bank reported 13 jobs and $62,500 was used to fund payroll.

Rayan rm national corporation is Existing or more than 2 years old

RAYAN RM NATIONAL CORPORATION

Date Approved

04/08/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

RAYAN RM NATIONAL CORPORATION

Borrower Address

PO BOX 118423

Borrower City

CARROLLTON

Borrower State

TX

Borrower Zip

75011

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

KFC

Servicing Lender Location Id

368915

Servicing Lender Name

Veritex Community Bank

Servicing Lender Address

8214 Westchester Dr Ste 800

Servicing Lender City

Dallas

Servicing Lender State

TX

Servicing Lender Zip

75225

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARROLLTON

Project County Name

DALLAS

Project State

TX

Project Zip

75011-0001

CD

TX-32

Jobs Reported

13

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3314.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9186.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

368915

Originating Lender

Veritex Community Bank

Originating Lender City

Dallas

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63243.15

Forgiveness Date

07/13/2021

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