PPP Loan information for Rama electric inc

$76,900

Rama electric inc was initially approved for PPP Loan of amount $76,900, the current approved amount is $76,900. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $76,900 was used to fund payroll.

Rama electric inc is New Business or 2 years or less

PPP Loan Search / RI / KINGSTON / Rama electric inc

RAMA ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

RAMA ELECTRIC INC

Borrower Address

61 CLARK LN

Borrower City

KINGSTON

Borrower State

RI

Borrower Zip

02881-1704

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76900.00

Current Approval Amount

76900.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KINGSTON

Project County Name

WASHINGTON

Project State

RI

Project Zip

02881-1704

CD

RI-02

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76900.00

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

77553.12

Forgiveness Date

03/10/2021

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