PPP Loan information for Rama inc

$61,500

Rama inc was initially approved for PPP Loan of amount $61,500, the current approved amount is $61,500. The loan was approved on 05/07/2021 by The Manufacturers and Traders Trust Company reported 8 jobs and $61,500 was used to fund payroll.

Rama inc is Existing or more than 2 years old

RAMA INC

Date Approved

05/07/2021

SBA Office Code

0156

Processing Method

PPP

Borrower Name

RAMA INC

Borrower Address

326 Boston Ave

Borrower City

Stratford

Borrower State

CT

Borrower Zip

06614-5213

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61500.00

Current Approval Amount

61500.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stratford

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06614-5213

CD

CT-03

Jobs Reported

8

NAICS Code

446120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

61497.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61705.56

Forgiveness Date

09/17/2021

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