PPP Loan information for Raycon construction llc

$1,334,307

Raycon construction llc was initially approved for PPP Loan of amount $1,334,307, the current approved amount is $1,334,307. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 140 jobs and $1,334,307 was used to fund payroll.

Raycon construction llc is New Business or 2 years or less

PPP Loan Search / MA / BRAINTREE / Raycon construction llc

RAYCON CONSTRUCTION LLC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAYCON CONSTRUCTION LLC

Borrower Address

25 BRAINTREE HILL PARK STE 200

Borrower City

BRAINTREE

Borrower State

MA

Borrower Zip

02184-8796

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1334307.00

Current Approval Amount

1334307.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BRAINTREE

Project County Name

NORFOLK

Project State

MA

Project Zip

02184-8796

CD

MA-08

Jobs Reported

140

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1334307.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1346370.60

Forgiveness Date

03/31/2021

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