# PPP loan: RAMSTAD TECHNOLOGIES, INC.
> **$226K** approved 04/27/2020 · Paid in Full · Loan `4289717200`
## Borrower
- **Name:** RAMSTAD TECHNOLOGIES, INC.
- **Address:** 3122 Hwy 210 SW PO Box 127, PILLAGER, MN, 56473-0127
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Jobs reported:** 13
## Lender
- **Originating:** Lake Central Bank
- **Servicing:** Lake Central Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*