PPP Loan information for Raam incorporation

$7,500

Raam incorporation was initially approved for PPP Loan of amount $7,500, the current approved amount is $7,500. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 3 jobs and $7,500 was used to fund payroll.

Raam incorporation is Existing or more than 2 years old

RAAM INCORPORATION

Date Approved

05/01/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RAAM INCORPORATION

Borrower Address

1545 HUNTINGTON DR

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7500.00

Current Approval Amount

7500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-0001

CD

IA-02

Jobs Reported

3

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7541.46

Forgiveness Date

11/30/2020

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