PPP Loan information for Ray's excavating, llc

$116,682

Ray's excavating, llc was initially approved for PPP Loan of amount $116,682, the current approved amount is $116,682. The loan was approved on 04/07/2020 by The Farmers Savings Bank reported 20 jobs and $116,682 was used to fund payroll.

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

PPP Loan Search / IA / EDGEWOOD / Ray's excavating, llc

RAY'S EXCAVATING, LLC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RAY'S EXCAVATING, LLC

Borrower Address

404 E UNION ST

Borrower City

EDGEWOOD

Borrower State

IA

Borrower Zip

52042-8538

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116682.00

Current Approval Amount

116682.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24787

Servicing Lender Name

Farmers Savings Bank

Servicing Lender Address

205 Main St

Servicing Lender City

COLESBURG

Servicing Lender State

IA

Servicing Lender Zip

52035-8736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDGEWOOD

Project County Name

CLAYTON

Project State

IA

Project Zip

52042-8538

CD

IA-02

Jobs Reported

20

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116682.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24787

Originating Lender

Farmers Savings Bank

Originating Lender City

COLESBURG

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117471.60

Forgiveness Date

12/17/2020

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