Ray Motor Company Incorporated

$480,499 PPP Loan in Hillsborough, North Carolina

Loan Details

Loan Number
1445227205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$480,499
Current Approval
$480,499
Forgiveness Amount
$485,975
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray Motor Company Incorporated
Address
350 Churton St
ZIP Code
27278-2509
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Unanswered
Jobs Reported
37
Estimated Revenue
$9.3M
Rural/Urban
Urban
Congressional District
NC-04

Loan Use Breakdown

Payroll
$480,499

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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