Ramco Innovations, Inc.

$984,000 PPP Loan in West Des Moines, Iowa

Loan Details

Loan Number
4617817010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$984,000
Current Approval
$984,000
Forgiveness Amount
$993,184
Forgiveness Date
Mar 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ramco Innovations, Inc.
Address
1207 Maple St
State
Iowa
ZIP Code
50265-4423
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$17.8M
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$798,659
Rent
$27,400
Utilities
$136,841
Mortgage Interest
$15,000
Debt Interest
$6,100

Lender Information

Servicing Lender
Bank Iowa
Originating Lender
Bank Iowa

Other PPP Loans in West Des Moines, IA

BusinessApproved
Ita Group, Inc.$10,000,000NewBizBotAI Deep Dive
Palmer Companies, Inc.$5,651,725NewBizBotAI Deep Dive
E-Giants Technologies, LLC$4,726,504NewBizBotAI Deep Dive
Des Moines Orthopaedic Surgeons PC$4,485,600NewBizBotAI Deep Dive
Hubbell Realty Company & Subsidiaries$4,175,000NewBizBotAI Deep Dive

Want to research this company further?