PPP Loan information for Ray products inc

$365,100

Ray products inc was initially approved for PPP Loan of amount $365,100, the current approved amount is $365,100. The loan was approved on 04/08/2020 by The Equity Bank reported 38 jobs and $365,100 was used to fund payroll.

Ray products inc is Existing or more than 2 years old

RAY PRODUCTS INC

Date Approved

04/08/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

RAY PRODUCTS INC

Borrower Address

1212 CORPORATE DR

Borrower City

PARSONS

Borrower State

KS

Borrower Zip

67357-4962

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

365100.00

Current Approval Amount

365100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25667

Servicing Lender Name

Equity Bank

Servicing Lender Address

345 N Andover Rd

Servicing Lender City

ANDOVER

Servicing Lender State

KS

Servicing Lender Zip

67002-9645

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PARSONS

Project County Name

LABETTE

Project State

KS

Project Zip

67357-4962

CD

KS-02

Jobs Reported

38

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

365100.00

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

25667

Originating Lender

Equity Bank

Originating Lender City

ANDOVER

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

367199.32

Forgiveness Date

11/03/2020

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