PPP Loan information for Ram hospitality

$84,319

Ram hospitality was initially approved for PPP Loan of amount $84,319, the current approved amount is $84,319. The loan was approved on 01/26/2021 by The Citizens National Bank of Cheboygan reported 15 jobs and $84,319 was used to fund payroll.

Ram hospitality is Existing or more than 2 years old

RAM HOSPITALITY

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAM HOSPITALITY

Borrower Address

847 S Main St

Borrower City

Cheboygan

Borrower State

MI

Borrower Zip

49721-2219

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84318.50

Current Approval Amount

84318.50

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

33683

Servicing Lender Name

Citizens National Bank of Cheboygan

Servicing Lender Address

303 N Main St

Servicing Lender City

CHEBOYGAN

Servicing Lender State

MI

Servicing Lender Zip

49721-1544

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cheboygan

Project County Name

CHEBOYGAN

Project State

MI

Project Zip

49721-2219

CD

MI-01

Jobs Reported

15

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

84314.50

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

Subchapter S Corporation

Originating Lender Location Id

33683

Originating Lender

Citizens National Bank of Cheboygan

Originating Lender City

CHEBOYGAN

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84829.10

Forgiveness Date

09/10/2021

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