Ray Mart INC

$2,745,540 PPP Loan in Beaumont, Texas

Loan Details

Loan Number
8376727003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,745,540
Current Approval
$2,745,540
Forgiveness Amount
$2,777,529
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray Mart INC
Address
7220 Eastex Frwy 0.0
State
Texas
ZIP Code
77708-3830
Business Type
Corporation
Industry (NAICS)
Retail Trade (444110)
Business Age
Existing or more than 2 years old
Jobs Reported
243
Estimated Revenue
$50.2M
Rural/Urban
Urban
Congressional District
TX-36

Loan Use Breakdown

Payroll
$2,243,540
Rent
$252,000
Utilities
$50,000
Health Care
$200,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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