PPP borrower record

RAYCO INDUSTRIAL, INC. PPP loan record

Public SBA PPP loan record for RAYCO INDUSTRIAL, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$1,900,000
Approved amount
$1,918,683
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
RAYCO INDUSTRIAL, INC.
Loan number
1842847109
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Selma
Borrower state
Alabama
Borrower ZIP
36701
Jobs reported
182
Loan status
Exemption 4
Forgiveness date
2021-03-31
Servicing lender
First Cahawba Bank
Originating lender
First Cahawba Bank

Reported use of proceeds

Payroll
$1,900,000
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.