# PPP loan: AD RAMCO, INC
> **$230K** approved 04/05/2020 · Paid in Full · Loan `5336507009`
## Borrower
- **Name:** AD RAMCO, INC
- **Address:** PO BOX 789, MCALLEN, TX, 78505-0789
- **NAICS:** 624120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $34K
- **Utilities:** $12K
- **Jobs reported:** 46
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*