PPP Loan information for Ram electrical construction llc

$463,700

Ram electrical construction llc was initially approved for PPP Loan of amount $463,700, the current approved amount is $463,700. The loan was approved on 04/14/2020 by The Customers Bank reported 26 jobs and $463,700 was used to fund payroll.

Ram electrical construction llc is Existing or more than 2 years old

RAM ELECTRICAL CONSTRUCTION LLC

Date Approved

04/14/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

RAM ELECTRICAL CONSTRUCTION LLC

Borrower Address

1816 Bourbon Street

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79762

Loan Status Date

11/13/2021

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

463700.00

Current Approval Amount

463700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79762-0001

CD

TX-11

Jobs Reported

26

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

463700.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;