PPP Loan information for Ramco electric motor inc.

$1,065,055

Ramco electric motor inc. was initially approved for PPP Loan of amount $1,065,055, the current approved amount is $1,065,055. The loan was approved on 04/07/2020 by The Greenville Federal reported 119 jobs and $1,065,055 was used to fund payroll.

Ramco electric motor inc. is Existing or more than 2 years old

RAMCO ELECTRIC MOTOR INC.

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

RAMCO ELECTRIC MOTOR INC.

Borrower Address

5763 Jaysville St. Johns Rd.

Borrower City

GREENVILLE

Borrower State

OH

Borrower Zip

45331-9678

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1065055.00

Current Approval Amount

1065055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78116

Servicing Lender Name

Greenville Federal

Servicing Lender Address

690 Wagner Ave

Servicing Lender City

GREENVILLE

Servicing Lender State

OH

Servicing Lender Zip

45331-2649

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

DARKE

Project State

OH

Project Zip

45331-9678

CD

OH-08

Jobs Reported

119

NAICS Code

335931

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1065055.00

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

78116

Originating Lender

Greenville Federal

Originating Lender City

GREENVILLE

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1072007.44

Forgiveness Date

12/02/2020

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