Ram Motors, INC

$324,335 PPP Loan in Raynham, Massachusetts

Loan Details

Loan Number
1534377108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$324,335
Current Approval
$324,335
Forgiveness Amount
$327,831
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ram Motors, INC
Address
1555 New State Highway 0.0
ZIP Code
02767-1562
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MA-09

Loan Use Breakdown

Payroll
$260,903
Rent
$30,000
Utilities
$10,000
Health Care
$4,032
Mortgage Interest
$19,400

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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