PPP Loan information for Rayco farms inc.

$21,500

Rayco farms inc. was initially approved for PPP Loan of amount $21,500, the current approved amount is $21,500. The loan was approved on 02/26/2021 by The AgCountry Farm Credit Service, PCA reported 3 jobs and $21,500 was used to fund payroll.

Rayco farms inc. is Existing or more than 2 years old

RAYCO FARMS INC.

Date Approved

02/26/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAYCO FARMS INC.

Borrower Address

15447 340th Ave SW

Borrower City

East Grand Forks

Borrower State

MN

Borrower Zip

56721-9142

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21500.00

Current Approval Amount

21500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528976

Servicing Lender Name

AgCountry Farm Credit Service, PCA

Servicing Lender Address

1900 44th Street South

Servicing Lender City

Fargo

Servicing Lender State

ND

Servicing Lender Zip

58108

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Grand Forks

Project County Name

POLK

Project State

MN

Project Zip

56721-9142

CD

MN-07

Jobs Reported

3

NAICS Code

111199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

21497.00

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

528976

Originating Lender

AgCountry Farm Credit Service, PCA

Originating Lender City

Fargo

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21559.12

Forgiveness Date

06/15/2021

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