PPP Loan information for Ray's body shop and wrecker service

$134,050

Ray's body shop and wrecker service was initially approved for PPP Loan of amount $134,050, the current approved amount is $134,050. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 19 jobs and $134,050 was used to fund payroll.

Ray's body shop and wrecker service is New Business or 2 years or less

RAY'S BODY SHOP AND WRECKER SERVICE

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAY'S BODY SHOP AND WRECKER SERVICE

Borrower Address

4345 S MAIN ST

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27127-6740

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134050.00

Current Approval Amount

134050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27127-6740

CD

NC-05

Jobs Reported

19

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

134050.00

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

Sole Proprietorship

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135559.44

Forgiveness Date

06/17/2021

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