PPP Loan information for Rayco industrial products inc

$15,608

Rayco industrial products inc was initially approved for PPP Loan of amount $15,608, the current approved amount is $15,608. The loan was approved on 01/31/2021 by The Loan Source Incorporated reported 3 jobs and $15,608 was used to fund payroll.

Rayco industrial products inc is Existing or more than 2 years old

PPP Loan Search / MS / Laurel / Rayco industrial products inc

RAYCO INDUSTRIAL PRODUCTS INC

Date Approved

01/31/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

RAYCO INDUSTRIAL PRODUCTS INC

Borrower Address

526 E 21st St

Borrower City

Laurel

Borrower State

MS

Borrower Zip

39440-2461

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15608.00

Current Approval Amount

15608.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

JONES

Project State

MS

Project Zip

39440-2461

CD

MS-04

Jobs Reported

3

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15608.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15724.74

Forgiveness Date

11/10/2021

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