PPP Loan information for Rayo mart, inc.

$31,600

Rayo mart, inc. was initially approved for PPP Loan of amount $31,600, the current approved amount is $31,600. The loan was approved on 04/05/2020 by The Bank Independent reported 7 jobs and $31,600 was used to fund payroll.

Rayo mart, inc. is Existing or more than 2 years old

RAYO MART, INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RAYO MART, INC.

Borrower Address

6505 2nd Street

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-5526

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31600.00

Current Approval Amount

31600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-5526

CD

AL-04

Jobs Reported

7

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31600.00

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31795.74

Forgiveness Date

11/23/2020

;