PPP Loan information for Ray builders, inc

$1,185,618

Ray builders, inc was initially approved for PPP Loan of amount $1,185,618, the current approved amount is $1,185,618. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 80 jobs and $1,185,618 was used to fund payroll.

Ray builders, inc is Existing or more than 2 years old

PPP Loan Search / NJ / Lakewood / Ray builders, inc

RAY BUILDERS, INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAY BUILDERS, INC

Borrower Address

150 James Street 206

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1185618.00

Current Approval Amount

1185618.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-0001

CD

NJ-04

Jobs Reported

80

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

148202.25

Payroll Proceed

889213.50

Mortgage Interest Proceed

148202.25

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1194345.47

Forgiveness Date

01/14/2021

;