PPP Loan information for Michael ray enterprises, inc.

$546,300

Michael ray enterprises, inc. was initially approved for PPP Loan of amount $546,300, the current approved amount is $546,300. The loan was approved on 04/03/2020 by The South Central Bank, Inc. reported 167 jobs and $546,300 was used to fund payroll.

Michael ray enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / KY / GLASGOW / Michael ray enterprises, inc.

MICHAEL RAY ENTERPRISES, INC.

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MICHAEL RAY ENTERPRISES, INC.

Borrower Address

255 Perkins Rd

Borrower City

GLASGOW

Borrower State

KY

Borrower Zip

42141-9056

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

546300.00

Current Approval Amount

546300.00

Undisbursed Amount

0.00

Franchise Name

Hardee's

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLASGOW

Project County Name

BARREN

Project State

KY

Project Zip

42141-9056

CD

KY-02

Jobs Reported

167

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

546300.00

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

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

539905.13

Forgiveness Date

12/09/2020

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