PPP Loan information for Raycon corp

$205,570

Raycon corp was initially approved for PPP Loan of amount $205,570, the current approved amount is $205,570. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 120 jobs and $205,570 was used to fund payroll.

Raycon corp is Existing or more than 2 years old

RAYCON CORP

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

RAYCON CORP

Borrower Address

7119 ANDASOL AVE

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91406

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205570.00

Current Approval Amount

205570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-0200

CD

CA-29

Jobs Reported

120

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205570.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

208261.71

Forgiveness Date

08/26/2021

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