PPP Loan information for Rays, inc.

$101,400

Rays, inc. was initially approved for PPP Loan of amount $101,400, the current approved amount is $101,400. The loan was approved on 04/04/2020 by The Union Bank & Trust Company reported 7 jobs and $101,400 was used to fund payroll.

Rays, inc. is Existing or more than 2 years old

RAYS, INC.

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RAYS, INC.

Borrower Address

173 GLENWOOD DR

Borrower City

MONTICELLO

Borrower State

AR

Borrower Zip

71655-5545

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101400.00

Current Approval Amount

101400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4581

Servicing Lender Name

Union Bank & Trust Company

Servicing Lender Address

102 W McCloy St

Servicing Lender City

MONTICELLO

Servicing Lender State

AR

Servicing Lender Zip

71655-4319

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

DREW

Project State

AR

Project Zip

71655-5545

CD

AR-04

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101400.00

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

4581

Originating Lender

Union Bank & Trust Company

Originating Lender City

MONTICELLO

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102135.15

Forgiveness Date

12/31/2020

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