PPP Loan information for Ray's automotive inc

$151,400

Ray's automotive inc was initially approved for PPP Loan of amount $151,400, the current approved amount is $151,400. The loan was approved on 04/10/2020 by The Berkshire Bank reported 12 jobs and $151,400 was used to fund payroll.

Ray's automotive inc is Unanswered

RAY'S AUTOMOTIVE INC

Date Approved

04/10/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

RAY'S AUTOMOTIVE INC

Borrower Address

1704 Baldwin St

Borrower City

WATERBURY

Borrower State

CT

Borrower Zip

06706-2009

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151400.00

Current Approval Amount

151400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

WATERBURY

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06706-2009

CD

CT-03

Jobs Reported

12

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

151400.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152403.80

Forgiveness Date

01/20/2021

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