PPP Loan information for Ray's automotive inc

$123,368

Ray's automotive inc was initially approved for PPP Loan of amount $123,368, the current approved amount is $123,368. The loan was approved on 01/30/2021 by The Ion Bank reported 11 jobs and $123,368 was used to fund payroll.

Ray's automotive inc is Existing or more than 2 years old

PPP Loan Search / CT / Waterbury / Ray's automotive inc

RAY'S AUTOMOTIVE INC

Date Approved

01/30/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

RAY'S AUTOMOTIVE INC

Borrower Address

1704 Baldwin St

Borrower City

Waterbury

Borrower State

CT

Borrower Zip

06706-2009

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123368.15

Current Approval Amount

123368.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waterbury

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06706-2009

CD

CT-03

Jobs Reported

11

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123368.15

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

124172.58

Forgiveness Date

10/06/2021

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