# PPP loan: RAMSCORP LLC
> **$216K** approved 05/11/2020 · Charged Off · Loan `4905857408`
## Borrower
- **Name:** RAMSCORP LLC
- **Address:** 1 ROSSMOOR DR STE 18, MONROE TOWNSHIP, NJ, 08831-1593
- **NAICS:** 541519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $169K (78%)
- **Forgiveness date:** 06/08/2022
- **Status:** Charged Off
- **Term:** 23 months
## Use of funds
- **Payroll:** $166K
- **Jobs reported:** 10
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*