PPP Loan information for Raycol corp

$102,782

Raycol corp was initially approved for PPP Loan of amount $102,782, the current approved amount is $102,782. The loan was approved on 05/01/2020 by The Customers Bank reported 17 jobs and $102,782 was used to fund payroll.

Raycol corp is Existing or more than 2 years old

RAYCOL CORP

Date Approved

05/01/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

RAYCOL CORP

Borrower Address

1329 Memorial Drive

Borrower City

Chicopee

Borrower State

MA

Borrower Zip

01020

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102782.00

Current Approval Amount

102782.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chicopee

Project County Name

HAMPDEN

Project State

MA

Project Zip

01020-1000

CD

MA-01

Jobs Reported

17

NAICS Code

424460

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102782.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104358.93

Forgiveness Date

11/17/2021

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