Ray Industrial Services

$3,431,632 PPP Loan in Massapequa, New York

Loan Details

Loan Number
1794257201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$3,431,632
Current Approval
$3,431,632
Forgiveness Amount
$3,471,025
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray Industrial Services
Address
16 Pirates Cove
ZIP Code
11758
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
114
Estimated Revenue
$27.9M
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$3,431,632

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Stearns Bank National Association

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