PPP Loan information for Rays enterprises inc

$105,662

Rays enterprises inc was initially approved for PPP Loan of amount $105,662, the current approved amount is $105,662. The loan was approved on 03/06/2021 by The Santander Bank, National Association reported 16 jobs and $105,662 was used to fund payroll.

Rays enterprises inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Rays enterprises inc

RAYS ENTERPRISES INC

Date Approved

03/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RAYS ENTERPRISES INC

Borrower Address

318 Astor St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07114-2823

Loan Status Date

10/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

105662.00

Current Approval Amount

105662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-2823

CD

NJ-10

Jobs Reported

16

NAICS Code

445210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105662.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107242.59

Forgiveness Date

09/08/2022

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