PPP Loan information for Rays furniture and appliances inc

$101,200

Rays furniture and appliances inc was initially approved for PPP Loan of amount $101,200, the current approved amount is $101,200. The loan was approved on 02/08/2021 by The Legacy Bank reported 11 jobs and $101,200 was used to fund payroll.

Rays furniture and appliances inc is Existing or more than 2 years old

PPP Loan Search / OK / Newcastle / Rays furniture and appliances inc

RAYS FURNITURE AND APPLIANCES INC

Date Approved

02/08/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

RAYS FURNITURE AND APPLIANCES INC

Borrower Address

900 NW 32nd St

Borrower City

Newcastle

Borrower State

OK

Borrower Zip

73065-6605

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101200.00

Current Approval Amount

101200.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newcastle

Project County Name

MCCLAIN

Project State

OK

Project Zip

73065-6605

CD

OK-04

Jobs Reported

11

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

101196.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101554.20

Forgiveness Date

06/15/2021

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