PPP Loan information for Ray's certified auto repair, inc.

$83,600

Ray's certified auto repair, inc. was initially approved for PPP Loan of amount $83,600, the current approved amount is $83,600. The loan was approved on 04/06/2020 by The Valley Premier Bank reported 7 jobs and $83,600 was used to fund payroll.

Ray's certified auto repair, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MOORHEAD / Ray's certified auto repair, inc.

RAY'S CERTIFIED AUTO REPAIR, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAY'S CERTIFIED AUTO REPAIR, INC.

Borrower Address

1313 Main Ave.

Borrower City

MOORHEAD

Borrower State

MN

Borrower Zip

56560-2905

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83600.00

Current Approval Amount

83600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38219

Servicing Lender Name

Valley Premier Bank

Servicing Lender Address

416 6th St

Servicing Lender City

HAWLEY

Servicing Lender State

MN

Servicing Lender Zip

56549

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOORHEAD

Project County Name

CLAY

Project State

MN

Project Zip

56560-2905

CD

MN-07

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83600.00

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

Corporation

Originating Lender Location Id

38219

Originating Lender

Valley Premier Bank

Originating Lender City

HAWLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

84301.31

Forgiveness Date

02/03/2021

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