PPP Loan information for Ram 1971 inc

$2,000,000

Ram 1971 inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/08/2021 by The Washington Trust Bank reported 188 jobs and $2,000,000 was used to fund payroll.

Ram 1971 inc is Existing or more than 2 years old

RAM 1971 INC

Date Approved

03/08/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

RAM 1971 INC

Borrower Address

10013 59th Ave SW

Borrower City

Lakewood

Borrower State

WA

Borrower Zip

98499-2757

Loan Status Date

02/04/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

PIERCE

Project State

WA

Project Zip

98499-2757

CD

WA-10

Jobs Reported

188

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2037698.63

Forgiveness Date

01/30/2023

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