PPP Loan information for Raybeam, inc.

$1,063,192

Raybeam, inc. was initially approved for PPP Loan of amount $1,063,192, the current approved amount is $1,063,192. The loan was approved on 04/28/2020 by The Newburyport Five Cents Savings Bank reported 67 jobs and $1,063,192 was used to fund payroll.

Raybeam, inc. is Existing or more than 2 years old

RAYBEAM, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAYBEAM, INC.

Borrower Address

15 GREEN ST

Borrower City

NEWBURYPORT

Borrower State

MA

Borrower Zip

01950-2543

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1063192.00

Current Approval Amount

1063192.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURYPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01950-2543

CD

MA-06

Jobs Reported

67

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1063192.00

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

Subchapter S Corporation

Originating Lender Location Id

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1073262.79

Forgiveness Date

04/14/2021

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