# PPP loan: RAM INC
> **$488K** approved 02/03/2021 · Paid in Full · Loan `2601038407`
## Borrower
- **Name:** RAM INC
- **Address:** 106 S 6th St, McAlester, OK, 74501-5301
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 12/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $488K
- **Jobs reported:** 72
## Lender
- **Originating:** First National Bank & Trust Company of McAlester
- **Servicing:** First National Bank & Trust Company of McAlester (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*