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Ram Buildings INC

$566,483 PPP Loan in Winsted, Minnesota

Loan Details

Loan Number
8060257008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$566,483
Current Approval
$566,483
Forgiveness Amount
$569,677
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ram Buildings INC
Address
592 Industrial Blvd
City
Winsted
State
Minnesota
ZIP Code
55395-4513
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236210)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$50.1M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$508,000
Rent
$8,483
Health Care
$50,000

Lender Information

Servicing Lender
Security Bank & Trust Company
Originating Lender
Security Bank & Trust Company

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