Ram Electronic Industries INC

$534,352 PPP Loan in Cinnaminson, New Jersey

Loan Details

Loan Number
5195387702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$534,352
Current Approval
$534,352
Forgiveness Amount
$538,378
Forgiveness Date
Feb 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ram Electronic Industries INC
Address
1704 Taylors Ln
ZIP Code
08077-2537
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
New Business or 2 years or less
Jobs Reported
72
Estimated Revenue
$22.1M
Rural/Urban
Urban
Congressional District
NJ-03

Loan Use Breakdown

Payroll
$534,352

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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