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Ray Tool, Incorporated

$36,200 PPP Loan in De Soto, Iowa

Loan Details

Loan Number
7861957001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$36,200
Current Approval
$36,200
Forgiveness Amount
$36,379
Forgiveness Date
Oct 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray Tool, Incorporated
Address
328 Walnut St
City
De Soto
State
Iowa
ZIP Code
50069-1057
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$36,200

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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