As part of the Paycheck Protection Program RAYBEAM, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RAYBEAM, INC


Loan Amount	$1,063,192
BusinessName	RAYBEAM, INC
Address	15 GREEN ST
City	NEWBURYPORT
State	MA
Zip	1950
NAICSCode	541330
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	67
DateApproved	04/28/2020
Lender	Newburyport Five Cents Savings Bank
CD	MA-06
BusinessName.clean	RAYBEAM

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

RAYBEN ENTERPRISES
RAYBESTOS POWERTRAIN
RAYCO INDUSTRIAL
RAYCON CONSTRUCTION
RAYDAL HOSPITALITY