Raynor Electric LLC

$320,600 PPP Loan in Mount Holly, New Jersey

Loan Details

Loan Number
9231387110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$320,600
Current Approval
$320,600
Forgiveness Amount
$324,526
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Raynor Electric LLC
Address
401 Pine Street
ZIP Code
08060
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.2M
Rural/Urban
Urban
Congressional District
NJ-03

Loan Use Breakdown

Payroll
$237,518
Rent
$60,000
Utilities
$4,650
Health Care
$18,432

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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