# PPP loan: R.A.M.S. MECHANICAL INC.
> **$1.42M** approved 05/01/2020 · Paid in Full · Loan `6083207705`
## Borrower
- **Name:** R.A.M.S. MECHANICAL INC.
- **Address:** 15-25 132nd St Fl 2nd, College Point, NY, 11356
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Jobs reported:** 45
## 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*