PPP Loan information for Rays electrical appliance co.

$115,530

Rays electrical appliance co. was initially approved for PPP Loan of amount $115,530, the current approved amount is $115,530. The loan was approved on 02/22/2021 by The Loan Source Incorporated reported 10 jobs and $115,530 was used to fund payroll.

Rays electrical appliance co. is Existing or more than 2 years old

PPP Loan Search / PA / Conshohocken / Rays electrical appliance co.

RAYS ELECTRICAL APPLIANCE CO.

Date Approved

02/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

RAYS ELECTRICAL APPLIANCE CO.

Borrower Address

421 W Ridge Pike

Borrower City

Conshohocken

Borrower State

PA

Borrower Zip

19428-1222

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115530.00

Current Approval Amount

115530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Conshohocken

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19428-1222

CD

PA-04

Jobs Reported

10

NAICS Code

423620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

115527.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116283.32

Forgiveness Date

10/25/2021

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