PPP Loan information for Rayex inc

$105,800

Rayex inc was initially approved for PPP Loan of amount $105,800, the current approved amount is $105,800. The loan was approved on 04/16/2020 by The PNC Bank, National Association reported 9 jobs and $105,800 was used to fund payroll.

Rayex inc is Existing or more than 2 years old

PPP Loan Search / NJ / EAST WINDSOR / Rayex inc

RAYEX INC

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAYEX INC

Borrower Address

379 PRINCETON HIGHTSTOWN RD

Borrower City

EAST WINDSOR

Borrower State

NJ

Borrower Zip

08512-2960

Loan Status Date

02/11/2022

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

105800.00

Current Approval Amount

105800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EAST WINDSOR

Project County Name

MERCER

Project State

NJ

Project Zip

08512-2960

CD

NJ-03

Jobs Reported

9

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105800.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105971.18

Forgiveness Date

06/14/2021

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