PPP Loan information for Ray`s southern auto auction inc.

$232,700

Ray`s southern auto auction inc. was initially approved for PPP Loan of amount $232,700, the current approved amount is $232,700. The loan was approved on 04/27/2020 by The First-Citizens Bank & Trust Company reported 24 jobs and $232,700 was used to fund payroll.

Ray`s southern auto auction inc. is New Business or 2 years or less

RAY`S SOUTHERN AUTO AUCTION INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAY`S SOUTHERN AUTO AUCTION INC.

Borrower Address

1895 Trox St.

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27406

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232700.00

Current Approval Amount

232700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27406-0018

CD

NC-06

Jobs Reported

24

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

232700.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

234861.24

Forgiveness Date

04/12/2021

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