PPP Loan information for R.a.y.s. inc.

$18,900

R.a.y.s. inc. was initially approved for PPP Loan of amount $18,900, the current approved amount is $18,900. The loan was approved on 04/28/2020 by The American Heritage National Bank reported 3 jobs and $18,900 was used to fund payroll.

R.a.y.s. inc. is Existing or more than 2 years old

R.A.Y.S. INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R.A.Y.S. INC.

Borrower Address

213 1ST ST NW

Borrower City

AVON

Borrower State

MN

Borrower Zip

56310-9519

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18900.00

Current Approval Amount

18900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38326

Servicing Lender Name

American Heritage National Bank

Servicing Lender Address

24 2nd St South

Servicing Lender City

LONG PRAIRIE

Servicing Lender State

MN

Servicing Lender Zip

56347-1327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AVON

Project County Name

STEARNS

Project State

MN

Project Zip

56310-9519

CD

MN-07

Jobs Reported

3

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38326

Originating Lender

American Heritage National Bank

Originating Lender City

LONG PRAIRIE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18998.17

Forgiveness Date

11/05/2020

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