PPP Loan information for Ramco engineering

$589,200

Ramco engineering was initially approved for PPP Loan of amount $589,200, the current approved amount is $589,200. The loan was approved on 04/13/2020 by The Old National Bank reported 51 jobs and $589,200 was used to fund payroll.

Ramco engineering is Existing or more than 2 years old

RAMCO ENGINEERING

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RAMCO ENGINEERING

Borrower Address

2805 Frederic Dr

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46514-7642

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

589200.00

Current Approval Amount

589200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46514-7642

CD

IN-02

Jobs Reported

51

NAICS Code

327215

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

589200.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

592315.50

Forgiveness Date

11/03/2020

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