Rayco Electric Inc.

$416,260 PPP Loan in Bradenton, Florida

Loan Details

Loan Number
2354778604
Date Approved
Mar 15, 2021
Loan Status
Paid in Full
Initial Approval
$416,260
Current Approval
$416,260
Forgiveness Amount
$419,347
Forgiveness Date
Dec 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rayco Electric Inc.
Address
603 18th Ave W
State
Florida
ZIP Code
34205-8323
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$13.5M
Rural/Urban
Urban
Congressional District
FL-16

Loan Use Breakdown

Payroll
$416,259

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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