PPP Loan information for Ram electric, inc.

$257,470

Ram electric, inc. was initially approved for PPP Loan of amount $257,470, the current approved amount is $257,470. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 27 jobs and $257,470 was used to fund payroll.

Ram electric, inc. is Existing or more than 2 years old

RAM ELECTRIC, INC.

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

RAM ELECTRIC, INC.

Borrower Address

183 COTTAGE AVE

Borrower City

SANDY

Borrower State

UT

Borrower Zip

84070

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257470.00

Current Approval Amount

257470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SANDY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84070-0100

CD

UT-03

Jobs Reported

27

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4685.00

Payroll Proceed

239470.00

Mortgage Interest Proceed

0.00

Rent Proceed

4375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8940.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260007.22

Forgiveness Date

04/29/2021

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