PPP Loan information for Rays electric inc

$6,901

Rays electric inc was initially approved for PPP Loan of amount $6,901, the current approved amount is $6,901. The loan was approved on 04/03/2021 by The Community National Bank reported 1 jobs and $6,901 was used to fund payroll.

Rays electric inc is Existing or more than 2 years old

RAYS ELECTRIC INC

Date Approved

04/03/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

RAYS ELECTRIC INC

Borrower Address

4242 East Hl

Borrower City

North Troy

Borrower State

VT

Borrower Zip

05859-9724

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6901.00

Current Approval Amount

6901.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72972

Servicing Lender Name

Community National Bank

Servicing Lender Address

4811 US Rte 5

Servicing Lender City

DERBY

Servicing Lender State

VT

Servicing Lender Zip

05829

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Troy

Project County Name

ORLEANS

Project State

VT

Project Zip

05859-9724

CD

VT-

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

6900.00

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

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6935.22

Forgiveness Date

10/08/2021

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