PPP Loan information for Ray & shak inc

$10,046

Ray & shak inc was initially approved for PPP Loan of amount $10,046, the current approved amount is $10,046. The loan was approved on 05/05/2020 by The The Cottonport Bank reported 10 jobs and $10,046 was used to fund payroll.

Ray & shak inc is New Business or 2 years or less

RAY & SHAK INC

Date Approved

05/05/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RAY & SHAK INC

Borrower Address

23115 HIGHWAY 1

Borrower City

PLAQUEMINE

Borrower State

LA

Borrower Zip

70764-2408

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10045.75

Current Approval Amount

10045.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28177

Servicing Lender Name

The Cottonport Bank

Servicing Lender Address

153 Cottonport Ave

Servicing Lender City

COTTONPORT

Servicing Lender State

LA

Servicing Lender Zip

71327-3701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PLAQUEMINE

Project County Name

IBERVILLE

Project State

LA

Project Zip

70764-2408

CD

LA-02

Jobs Reported

10

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

837.14

Payroll Proceed

7534.33

Mortgage Interest Proceed

837.14

Rent Proceed

837.14

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28177

Originating Lender

The Cottonport Bank

Originating Lender City

COTTONPORT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10139.05

Forgiveness Date

04/13/2021

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