PPP Loan information for Ray's optical service, inc

$48,250

Ray's optical service, inc was initially approved for PPP Loan of amount $48,250, the current approved amount is $48,250. The loan was approved on 04/11/2020 by The Southern Michigan Bank & Trust reported 5 jobs and $48,250 was used to fund payroll.

Ray's optical service, inc is Existing or more than 2 years old

PPP Loan Search / MI / BATTLE CREEK / Ray's optical service, inc

RAY'S OPTICAL SERVICE, INC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAY'S OPTICAL SERVICE, INC

Borrower Address

1125 COLUMBIA AVE W

Borrower City

BATTLE CREEK

Borrower State

MI

Borrower Zip

49015-3031

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48250.00

Current Approval Amount

48250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BATTLE CREEK

Project County Name

CALHOUN

Project State

MI

Project Zip

49015-3031

CD

MI-03

Jobs Reported

5

NAICS Code

446130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48250.00

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

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48567.26

Forgiveness Date

12/17/2020

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