PPP Loan information for Ray black & son inc.

$671,260

Ray black & son inc. was initially approved for PPP Loan of amount $671,260, the current approved amount is $671,260. The loan was approved on 02/24/2021 by The Independence Bank of Kentucky reported 32 jobs and $671,260 was used to fund payroll.

Ray black & son inc. is Existing or more than 2 years old

RAY BLACK & SON INC.

Date Approved

02/24/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

RAY BLACK & SON INC.

Borrower Address

348 S 31st St

Borrower City

Paducah

Borrower State

KY

Borrower Zip

42001-4358

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

671260.00

Current Approval Amount

671260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paducah

Project County Name

MCCRACKEN

Project State

KY

Project Zip

42001-4358

CD

KY-01

Jobs Reported

32

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

671259.00

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

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

674551.93

Forgiveness Date

08/25/2021

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