Date Approved
04/07/2020
SBA Office Code
0736
Processing Method
PPP
Borrower Name
RAY'S EXCAVATING, LLC
Borrower Address
404 E UNION ST
Borrower City
EDGEWOOD
Borrower State
IA
Borrower Zip
52042-8538
Loan Status Date
03/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
116682.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24787
Servicing Lender Name
Farmers Savings Bank
Servicing Lender Address
205 Main St
Servicing Lender City
COLESBURG
Servicing Lender State
Servicing Lender Zip
52035-8736
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CLAYTON
Project State
Project Zip
CD
IA-02
Jobs Reported
20
NAICS Code
238990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
117471.60
Forgiveness Date
12/17/2020