PPP Loan information for Ray's produce inc

$559,223

Ray's produce inc was initially approved for PPP Loan of amount $559,223, the current approved amount is $559,223. The loan was approved on 05/02/2020 by The Wells Fargo Bank, National Association reported 88 jobs and $559,223 was used to fund payroll.

Ray's produce inc is Existing or more than 2 years old

PPP Loan Search / OR / SALEM / Ray's produce inc

RAY'S PRODUCE INC

Date Approved

05/02/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

RAY'S PRODUCE INC

Borrower Address

3011 SILVERTON RD NE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97301

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559223.00

Current Approval Amount

559223.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97301-0001

CD

OR-05

Jobs Reported

88

NAICS Code

424490

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

559223.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

566623.13

Forgiveness Date

09/15/2021

;