PPP Loan information for Rayco development, llc

$46,200

Rayco development, llc was initially approved for PPP Loan of amount $46,200, the current approved amount is $46,200. The loan was approved on 04/15/2020 by The Dacotah Bank reported 5 jobs and $46,200 was used to fund payroll.

Rayco development, llc is Existing or more than 2 years old

RAYCO DEVELOPMENT, LLC

Date Approved

04/15/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

RAYCO DEVELOPMENT, LLC

Borrower Address

2525 WEST MAIN ST

Borrower City

RAPID CITY

Borrower State

SD

Borrower Zip

57702-2439

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46200.00

Current Approval Amount

46200.00

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

57702-2439

CD

SD-

Jobs Reported

5

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10533.00

Payroll Proceed

35667.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46534.95

Forgiveness Date

01/07/2021

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