PPP Loan information for Ray's repair inc.

$16,200

Ray's repair inc. was initially approved for PPP Loan of amount $16,200, the current approved amount is $16,200. The loan was approved on 04/27/2020 by The First International Bank & Trust reported 2 jobs and $16,200 was used to fund payroll.

Ray's repair inc. is New Business or 2 years or less

RAY'S REPAIR INC.

Date Approved

04/27/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RAY'S REPAIR INC.

Borrower Address

609 1ST ST NE

Borrower City

RUGBY

Borrower State

ND

Borrower Zip

58368-1225

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16200.00

Current Approval Amount

16200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52970

Servicing Lender Name

First International Bank & Trust

Servicing Lender Address

100 N Main St

Servicing Lender City

WATFORD CITY

Servicing Lender State

ND

Servicing Lender Zip

58854

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RUGBY

Project County Name

PIERCE

Project State

ND

Project Zip

58368-1225

CD

ND-

Jobs Reported

2

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16200.00

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

52970

Originating Lender

First International Bank & Trust

Originating Lender City

WATFORD CITY

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16303.95

Forgiveness Date

12/23/2020

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