PPP Loan information for Rayco development, inc.

$161,000

Rayco development, inc. was initially approved for PPP Loan of amount $161,000, the current approved amount is $161,000. The loan was approved on 04/10/2020 by The Dacotah Bank reported 11 jobs and $161,000 was used to fund payroll.

Rayco development, inc. is Existing or more than 2 years old

PPP Loan Search / SD / RAPID CITY / Rayco development, inc.

RAYCO DEVELOPMENT, INC.

Date Approved

04/10/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

RAYCO DEVELOPMENT, INC.

Borrower Address

2525 West Main #209

Borrower City

RAPID CITY

Borrower State

SD

Borrower Zip

57702-0901

Loan Status Date

04/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161000.00

Current Approval Amount

161000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAPID CITY

Project County Name

PENNINGTON

Project State

SD

Project Zip

57702-0901

CD

SD-

Jobs Reported

11

NAICS Code

237210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

161000.00

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

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162207.50

Forgiveness Date

01/12/2021

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