PPP Loan information for Ray's body shop inc.

$95,485

Ray's body shop inc. was initially approved for PPP Loan of amount $95,485, the current approved amount is $95,485. The loan was approved on 04/13/2021 by The Magnifi Financial CU reported 10 jobs and $95,485 was used to fund payroll.

Ray's body shop inc. is Existing or more than 2 years old

PPP Loan Search / MN / Little Falls / Ray's body shop inc.

RAY'S BODY SHOP INC.

Date Approved

04/13/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RAY'S BODY SHOP INC.

Borrower Address

12897 Highway 27

Borrower City

Little Falls

Borrower State

MN

Borrower Zip

56345-5209

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95485.00

Current Approval Amount

95485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Falls

Project County Name

MORRISON

Project State

MN

Project Zip

56345-5209

CD

MN-07

Jobs Reported

10

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

95485.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

95880.02

Forgiveness Date

09/15/2021

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