# PPP loan: SHENG RAAMCO MANAGEMENT INC
> **$1.91M** approved 04/10/2020 · Paid in Full · Loan `1373907110`
## Borrower
- **Name:** SHENG RAAMCO MANAGEMENT INC
- **Address:** 14027 Memorial Drive #434 0.0, Houston, TX, 77079-6895
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.91M
- **Initial approval:** $1.91M
- **Forgiven:** $1.93M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.53M
- **Mortgage interest:** $191K
- **Health care:** $191K
- **Jobs reported:** 181
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*