PPP Loan information for Ramco machine, llc

$455,260

Ramco machine, llc was initially approved for PPP Loan of amount $435,000, the current approved amount is $455,260. The loan was approved on 04/04/2020 by The Salem Five Cents Savings Bank reported 32 jobs and $455,260 was used to fund payroll.

Ramco machine, llc is Existing or more than 2 years old

RAMCO MACHINE, LLC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAMCO MACHINE, LLC

Borrower Address

27 TURCOTTE MEMORIAL DR

Borrower City

ROWLEY

Borrower State

MA

Borrower Zip

01969-1706

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435000.00

Current Approval Amount

455260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROWLEY

Project County Name

ESSEX

Project State

MA

Project Zip

01969-1706

CD

MA-06

Jobs Reported

32

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

455260.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

458623.87

Forgiveness Date

01/07/2021

;