PPP Loan information for Rayco painting inc.

$100,000

Rayco painting inc. was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 03/30/2021 by The Truist Bank reported 20 jobs and $100,000 was used to fund payroll.

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

RAYCO PAINTING INC.

Date Approved

03/30/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

RAYCO PAINTING INC.

Borrower Address

971 Hillside Dr

Borrower City

Louisville

Borrower State

TN

Borrower Zip

37777-5305

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Louisville

Project County Name

BLOUNT

Project State

TN

Project Zip

37777-5305

CD

TN-02

Jobs Reported

20

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

99999.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100425.00

Forgiveness Date

09/01/2021

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