PPP Loan information for Ram air systems inc

$40,170

Ram air systems inc was initially approved for PPP Loan of amount $40,170, the current approved amount is $40,170. The loan was approved on 03/05/2021 by The Bluestone Bank reported 6 jobs and $40,170 was used to fund payroll.

Ram air systems inc is Existing or more than 2 years old

RAM AIR SYSTEMS INC

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RAM AIR SYSTEMS INC

Borrower Address

25 1st St Bridgewater Ma 02324-1054

Borrower City

Bridgewater

Borrower State

MA

Borrower Zip

02324-1054

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40170.00

Current Approval Amount

40170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32668

Servicing Lender Name

Bluestone Bank

Servicing Lender Address

756 Orchard St

Servicing Lender City

RAYNHAM

Servicing Lender State

MA

Servicing Lender Zip

02767-1028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bridgewater

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02324-1054

CD

MA-09

Jobs Reported

6

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40168.00

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

32668

Originating Lender

Bluestone Bank

Originating Lender City

RAYNHAM

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40472.65

Forgiveness Date

12/09/2021

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