Raysway, Inc.

$1,166,300 PPP Loan in Winter Haven, Florida

Loan Details

Loan Number
6481967008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,166,300
Current Approval
$1,166,300
Forgiveness Amount
$1,177,542
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Raysway, Inc.
Address
642 Pope Ave NW
State
Florida
ZIP Code
33881-4665
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
445
Estimated Revenue
$79.0M
Rural/Urban
Urban
Congressional District
FL-18

Loan Use Breakdown

Payroll
$874,725
Rent
$97,192
Utilities
$97,192
Mortgage Interest
$97,192

Lender Information

Servicing Lender
Lake Forest Bank & Trust Company, National Association
Originating Lender
Lake Forest Bank & Trust Company, National Association

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