PPP Loan information for Ram jj, inc

$88,400

Ram jj, inc was initially approved for PPP Loan of amount $88,400, the current approved amount is $88,400. The loan was approved on 04/28/2020 by The First Merchants Bank reported 35 jobs and $88,400 was used to fund payroll.

Ram jj, inc is New Business or 2 years or less

RAM JJ, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAM JJ, INC

Borrower Address

7265 HIGHLAND RD

Borrower City

WATERFORD

Borrower State

MI

Borrower Zip

48327-1507

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88400.00

Current Approval Amount

88400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WATERFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48327-1507

CD

MI-11

Jobs Reported

35

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88400.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89182.28

Forgiveness Date

03/18/2021

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