# PPP loan: R.A.M.S. MECHANICAL INC.
> **$1.42M** approved 02/22/2021 · Paid in Full · Loan `2689208501`
## Borrower
- **Name:** R.A.M.S. MECHANICAL INC.
- **Address:** 1525 132nd St Fl 2, College Point, NY, 11356-2441
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.42M
- **Utilities:** $1
- **Jobs reported:** 117
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*