PPP Loan information for Rays furniture and appliance inc

$35,400

Rays furniture and appliance inc was initially approved for PPP Loan of amount $35,400, the current approved amount is $35,400. The loan was approved on 04/14/2020 by The Legacy Bank reported 2 jobs and $35,400 was used to fund payroll.

Rays furniture and appliance inc is New Business or 2 years or less

PPP Loan Search / OK / NEWCASTLE / Rays furniture and appliance inc

RAYS FURNITURE AND APPLIANCE INC

Date Approved

04/14/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

RAYS FURNITURE AND APPLIANCE INC

Borrower Address

900 32ND ST

Borrower City

NEWCASTLE

Borrower State

OK

Borrower Zip

73065-6605

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35400.00

Current Approval Amount

35400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEWCASTLE

Project County Name

MCCLAIN

Project State

OK

Project Zip

73065-6605

CD

OK-04

Jobs Reported

2

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1200.00

Payroll Proceed

32950.00

Mortgage Interest Proceed

0.00

Rent Proceed

1250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35808.08

Forgiveness Date

06/10/2021

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