PPP Loan information for Rayex inc

$104,225

Rayex inc was initially approved for PPP Loan of amount $104,225, the current approved amount is $104,225. The loan was approved on 02/27/2021 by The PNC Bank, National Association reported 8 jobs and $104,225 was used to fund payroll.

Rayex inc is Existing or more than 2 years old

RAYEX INC

Date Approved

02/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RAYEX INC

Borrower Address

BUILDING 2 SECOND FLOOR BUILDING 2 SECOND FLOOR

Borrower City

EAST WINDSOR

Borrower State

NJ

Borrower Zip

08512

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

104225.00

Current Approval Amount

104225.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

EAST WINDSOR

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08512

CD

NJ-12

Jobs Reported

8

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104224.00

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

104931.41

Forgiveness Date

11/04/2021

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