PPP Loan information for Ram manufacturing inc

$2,000,000

Ram manufacturing inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/02/2021 by The Cache Valley Bank reported 198 jobs and $2,000,000 was used to fund payroll.

Ram manufacturing inc is Existing or more than 2 years old

PPP Loan Search / UT / St George / Ram manufacturing inc

RAM MANUFACTURING INC

Date Approved

03/02/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

RAM MANUFACTURING INC

Borrower Address

3172 E Deseret Dr

Borrower City

St George

Borrower State

UT

Borrower Zip

84790-5449

Loan Status Date

10/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St George

Project County Name

WASHINGTON

Project State

UT

Project Zip

84790-5449

CD

UT-02

Jobs Reported

198

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2029888.89

Forgiveness Date

09/09/2022

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