Rayco, Inc.

$104,200 PPP Loan in Corinth, Mississippi

Loan Details

Loan Number
5321107004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$104,200
Current Approval
$104,200
Forgiveness Amount
$105,326
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rayco, Inc.
Address
2199 Hwy 72 East
ZIP Code
38834
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423420)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$104,200

Lender Information

Servicing Lender
Farmers and Merchants Bank
Originating Lender
Farmers and Merchants Bank

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