8701 Ram INC

$544,740 PPP Loan in Silver Spring, Maryland

Loan Details

Loan Number
5437548506
Date Approved
Feb 27, 2021
Loan Status
Paid in Full
Initial Approval
$544,740
Current Approval
$544,740
Forgiveness Amount
$552,157
Forgiveness Date
Jul 13, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
8701 Ram INC
Address
8701 Ramsey Ave
ZIP Code
20910-3485
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$544,739
Utilities
$1

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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