PPP Loan information for Ray machine corporation

$85,980

Ray machine corporation was initially approved for PPP Loan of amount $85,980, the current approved amount is $85,980. The loan was approved on 04/01/2021 by The Thomaston Savings Bank reported 5 jobs and $85,980 was used to fund payroll.

Ray machine corporation is Existing or more than 2 years old

PPP Loan Search / CT / Terryville / Ray machine corporation

RAY MACHINE CORPORATION

Date Approved

04/01/2021

SBA Office Code

0156

Processing Method

PPP

Borrower Name

RAY MACHINE CORPORATION

Borrower Address

84 Town Hill Road

Borrower City

Terryville

Borrower State

CT

Borrower Zip

06786

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85979.75

Current Approval Amount

85979.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Terryville

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06786

CD

CT-05

Jobs Reported

5

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85977.75

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

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86172.91

Forgiveness Date

07/08/2021

;