PPP Loan information for Ramar steel sales inc

$497,857

Ramar steel sales inc was initially approved for PPP Loan of amount $497,857, the current approved amount is $497,857. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 32 jobs and $497,857 was used to fund payroll.

Ramar steel sales inc is Existing or more than 2 years old

PPP Loan Search / NY / Rochester / Ramar steel sales inc

RAMAR STEEL SALES INC

Date Approved

04/15/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

RAMAR STEEL SALES INC

Borrower Address

432 Portland Avenue

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14605

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497857.00

Current Approval Amount

497857.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14605-1000

CD

NY-25

Jobs Reported

32

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14000.00

Payroll Proceed

340459.00

Mortgage Interest Proceed

0.00

Rent Proceed

97500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40678.00

Debt Interest Proceed

5220

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

501280.62

Forgiveness Date

12/31/2020

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