PPP Loan information for Rayo electric, inc.

$47,700

Rayo electric, inc. was initially approved for PPP Loan of amount $47,700, the current approved amount is $47,700. The loan was approved on 05/04/2020 by The FirstBank reported 5 jobs and $47,700 was used to fund payroll.

Rayo electric, inc. is Existing or more than 2 years old

RAYO ELECTRIC, INC.

Date Approved

05/04/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

RAYO ELECTRIC, INC.

Borrower Address

9304 Pitkin Street

Borrower City

COMMERCE CITY

Borrower State

CO

Borrower Zip

80022-7199

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47700.00

Current Approval Amount

47700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15596

Servicing Lender Name

FirstBank

Servicing Lender Address

10403 W Colfax Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

CO

Servicing Lender Zip

80215-3811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COMMERCE CITY

Project County Name

ADAMS

Project State

CO

Project Zip

80022-7199

CD

CO-08

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47700.00

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

15596

Originating Lender

FirstBank

Originating Lender City

LAKEWOOD

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48174.35

Forgiveness Date

05/05/2021

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