PPP Loan information for Rayco utility services, inc.

$23,300

Rayco utility services, inc. was initially approved for PPP Loan of amount $23,300, the current approved amount is $23,300. The loan was approved on 04/28/2020 by The Comerica Bank reported 4 jobs and $23,300 was used to fund payroll.

Rayco utility services, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Rayco utility services, inc.

RAYCO UTILITY SERVICES, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAYCO UTILITY SERVICES, INC.

Borrower Address

14000 E. 10 Mile Road

Borrower City

Warren

Borrower State

MI

Borrower Zip

48089

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23300.00

Current Approval Amount

23300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48089-0899

CD

MI-10

Jobs Reported

4

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23300.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23531.71

Forgiveness Date

05/03/2021

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