PPP Loan information for Ray's electrical service, llc

$135,350

Ray's electrical service, llc was initially approved for PPP Loan of amount $149,895, the current approved amount is $135,350. The loan was approved on 04/09/2020 by The TBK Bank, SSB reported 10 jobs and $135,350 was used to fund payroll.

Ray's electrical service, llc is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Ray's electrical service, llc

RAY'S ELECTRICAL SERVICE, LLC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RAY'S ELECTRICAL SERVICE, LLC

Borrower Address

37W904 US HIGHWAY 20

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60124-8125

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149895.32

Current Approval Amount

135350.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71488

Servicing Lender Name

TBK Bank, SSB

Servicing Lender Address

12700 Park Central Dr, Ste 1700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75251-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60124-8125

CD

IL-08

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

120455.03

Mortgage Interest Proceed

0.00

Rent Proceed

2895.32

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

71488

Originating Lender

TBK Bank, SSB

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

136711.37

Forgiveness Date

04/14/2021

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