Ray-Mac, Inc.
$1,142,500 PPP Loan in Gwinner, North Dakota
Loan Details
- Loan Number
- 7430087107
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,142,500
- Current Approval
- $1,142,500
- Forgiveness Amount
- $1,148,879
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ray-Mac, Inc.
- Address
- 15 Why 13 E
- City
- Gwinner
- State
- North Dakota
- ZIP Code
- 58040-0026
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332812)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 93
- Estimated Revenue
- $22.7M
- Rural/Urban
- Rural
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $856,875
- Utilities
- $285,625
Lender Information
- Servicing Lender
- Stock Growers Bank
- Originating Lender
- Stock Growers Bank
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