PPP Loan information for Rayco safety inc.

$85,273

Rayco safety inc. was initially approved for PPP Loan of amount $85,273, the current approved amount is $85,273. The loan was approved on 02/26/2021 by The Truist Bank reported 8 jobs and $85,273 was used to fund payroll.

Rayco safety inc. is Existing or more than 2 years old

PPP Loan Search / NC / Yadkinville / Rayco safety inc.

RAYCO SAFETY INC.

Date Approved

02/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RAYCO SAFETY INC.

Borrower Address

375 W Maple St

Borrower City

Yadkinville

Borrower State

NC

Borrower Zip

27055-7700

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85273.00

Current Approval Amount

85273.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yadkinville

Project County Name

YADKIN

Project State

NC

Project Zip

27055-7700

CD

NC-05

Jobs Reported

8

NAICS Code

423990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85272.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

85888.86

Forgiveness Date

11/22/2021

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