# PPP loan: RAM ELECTRICAL CONSULT &
> **$224K** approved 04/29/2021 · Paid in Full · Loan `4624678903`
## Borrower
- **Name:** RAM ELECTRICAL CONSULT &
- **Address:** 100B Fallon Rd, Stoneham, MA, 02180-2916
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $225K (100%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*