PPP Loan information for Ramsoft systems inc

$263,912

Ramsoft systems inc was initially approved for PPP Loan of amount $263,912, the current approved amount is $263,912. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 35 jobs and $263,912 was used to fund payroll.

Ramsoft systems inc is New Business or 2 years or less

RAMSOFT SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAMSOFT SYSTEMS INC

Borrower Address

29777 Telegraph Rd Ste 2250

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48034

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263912.00

Current Approval Amount

263912.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48034-0002

CD

MI-12

Jobs Reported

35

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

263912.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

267129.56

Forgiveness Date

07/22/2021

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