PPP Loan information for Ram associates inc

$55,000

Ram associates inc was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 02/23/2021 by The Citizens Bank, National Association reported 3 jobs and $55,000 was used to fund payroll.

Ram associates inc is Existing or more than 2 years old

PPP Loan Search / MI / Farmington / Ram associates inc

RAM ASSOCIATES INC

Date Approved

02/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAM ASSOCIATES INC

Borrower Address

23095 Hayden

Borrower City

Farmington

Borrower State

MI

Borrower Zip

48336-3940

Loan Status Date

10/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-3940

CD

MI-11

Jobs Reported

3

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54999.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55834.79

Forgiveness Date

09/07/2022

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