J.t. Ray Company, Inc.

$378,940 PPP Loan in Florence, Alabama

Loan Details

Loan Number
8514457004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$378,940
Current Approval
$378,940
Forgiveness Amount
$381,108
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
J.t. Ray Company, Inc.
Address
4127 Helton Dr
State
Alabama
ZIP Code
35630-6207
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454390)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$5.7M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$284,205
Health Care
$94,735

Lender Information

Servicing Lender
First Southern Bank
Originating Lender
First Southern Bank

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