PPP Loan information for Rays auto repair inc

$32,342

Rays auto repair inc was initially approved for PPP Loan of amount $32,342, the current approved amount is $32,342. The loan was approved on 04/30/2020 by The Cross River Bank reported 5 jobs and $32,342 was used to fund payroll.

Rays auto repair inc is Existing or more than 2 years old

RAYS AUTO REPAIR INC

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAYS AUTO REPAIR INC

Borrower Address

42 Chuck Drive

Borrower City

Dracut

Borrower State

MA

Borrower Zip

01826

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32342.00

Current Approval Amount

32342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dracut

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-0001

CD

MA-03

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32342.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32888.71

Forgiveness Date

01/19/2022

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