PPP Loan information for Ram electric group, inc.

$20,000

Ram electric group, inc. was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 7 jobs and $20,000 was used to fund payroll.

Ram electric group, inc. is New Business or 2 years or less

PPP Loan Search / NC / INDIAN TRAIL / Ram electric group, inc.

RAM ELECTRIC GROUP, INC.

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAM ELECTRIC GROUP, INC.

Borrower Address

1105 WAXHAW INDIAN TRAIL RD

Borrower City

INDIAN TRAIL

Borrower State

NC

Borrower Zip

28079

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

INDIAN TRAIL

Project County Name

UNION

Project State

NC

Project Zip

28079-0001

CD

NC-08

Jobs Reported

7

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20333.33

Forgiveness Date

01/06/2022

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