PPP Loan information for Rays garage inc

$47,600

Rays garage inc was initially approved for PPP Loan of amount $47,600, the current approved amount is $47,600. The loan was approved on 03/04/2021 by The Readycap Lending, LLC reported 3 jobs and $47,600 was used to fund payroll.

Rays garage inc is Existing or more than 2 years old

RAYS GARAGE INC

Date Approved

03/04/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

RAYS GARAGE INC

Borrower Address

182 W 9210 S

Borrower City

Sandy

Borrower State

UT

Borrower Zip

84070-2618

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47600.00

Current Approval Amount

47600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sandy

Project County Name

SALT LAKE

Project State

UT

Project Zip

84070-2618

CD

UT-03

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47599.00

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

Subchapter S Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47942.98

Forgiveness Date

12/06/2021

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