PPP Loan information for Rama electric inc

$92,360

Rama electric inc was initially approved for PPP Loan of amount $92,360, the current approved amount is $92,360. The loan was approved on 02/23/2021 by The Bank of America, National Association reported 9 jobs and $92,360 was used to fund payroll.

Rama electric inc is Existing or more than 2 years old

PPP Loan Search / RI / Kingston / Rama electric inc

RAMA ELECTRIC INC

Date Approved

02/23/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

RAMA ELECTRIC INC

Borrower Address

61 Clark Ln

Borrower City

Kingston

Borrower State

RI

Borrower Zip

02881-1704

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92360.00

Current Approval Amount

92360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kingston

Project County Name

WASHINGTON

Project State

RI

Project Zip

02881-1704

CD

RI-02

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92358.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93088.76

Forgiveness Date

12/09/2021

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