PPP Loan information for Ray machine inc

$575,200

Ray machine inc was initially approved for PPP Loan of amount $575,200, the current approved amount is $575,200. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 46 jobs and $575,200 was used to fund payroll.

Ray machine inc is Existing or more than 2 years old

PPP Loan Search / MD / Baltimore / Ray machine inc

RAY MACHINE INC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RAY MACHINE INC

Borrower Address

12 Lynbrook Rd

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21220

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

575200.00

Current Approval Amount

575200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE

Project State

MD

Project Zip

21220-0001

CD

MD-01

Jobs Reported

46

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

575200.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

535054.61

Forgiveness Date

07/12/2021

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