PPP Loan information for Ram hotels, inc.

$34,737

Ram hotels, inc. was initially approved for PPP Loan of amount $34,737, the current approved amount is $34,737. The loan was approved on 04/06/2020 by The Community Bank, National Association reported 7 jobs and $34,737 was used to fund payroll.

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

RAM HOTELS, INC.

Date Approved

04/06/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

RAM HOTELS, INC.

Borrower Address

1600 Central Ave.

Borrower City

ALBANY

Borrower State

NY

Borrower Zip

12205-2404

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34737.00

Current Approval Amount

34737.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

47029

Servicing Lender Name

Community Bank, National Association

Servicing Lender Address

45-49 Court St

Servicing Lender City

CANTON

Servicing Lender State

NY

Servicing Lender Zip

13617-1118

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

ALBANY

Project State

NY

Project Zip

12205-2404

CD

NY-20

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34737.00

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

47029

Originating Lender

Community Bank, National Association

Originating Lender City

CANTON

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

35035.83

Forgiveness Date

02/23/2021

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