The Rayle Electric Membership Corportation

$726,436 PPP Loan in Washington, Georgia

Loan Details

Loan Number
1107338207
Date Approved
Jul 29, 2020
Loan Status
Paid in Full
Initial Approval
$726,436
Current Approval
$726,436
Forgiveness Amount
$728,413
Forgiveness Date
Nov 5, 2020
Term
60 months
Draw
First Draw

Business Information

Business Name
The Rayle Electric Membership Corportation
Address
616 Lexington Avenue
State
Georgia
ZIP Code
30673
Business Type
Non-Profit Organization
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
GA-12

Loan Use Breakdown

Payroll
$726,436

Lender Information

Servicing Lender
F&m Bank
Originating Lender
F&m Bank

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