8701 Ram INC

$389,100 PPP Loan in Silver Spring, Maryland

Loan Details

Loan Number
8976077100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$389,100
Current Approval
$389,100
Forgiveness Amount
$394,153
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
8701 Ram INC
Address
8701 Ramsey Ave
ZIP Code
20910
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$291,825
Utilities
$97,275

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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