PPP Loan information for Rayco safety inc.

$94,800

Rayco safety inc. was initially approved for PPP Loan of amount $94,800, the current approved amount is $94,800. The loan was approved on 04/30/2020 by The Truist Bank reported 8 jobs and $94,800 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

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAYCO SAFETY INC.

Borrower Address

375 West Maple Street

Borrower City

Yadkinville

Borrower State

NC

Borrower Zip

27055

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94800.00

Current Approval Amount

94800.00

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

27055-0001

CD

NC-05

Jobs Reported

8

NAICS Code

423990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94800.00

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

95653.20

Forgiveness Date

04/01/2021

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