# PPP loan: RAMTEC ASSOCIATES, INC.
> **$251K** approved 04/16/2020 · Paid in Full · Loan `2312227206`
## Borrower
- **Name:** RAMTEC ASSOCIATES, INC.
- **Address:** 3200 E BIRCH ST, BREA, CA, 92821-6287
- **NAICS:** 326111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $255K (102%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 33
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*