# PPP loan: RAM 1971, INC.
> **$8.51M** approved 04/06/2020 · Paid in Full · Loan `6203247004`
## Borrower
- **Name:** RAM 1971, INC.
- **Address:** 10013 59TH AVE SW, LAKEWOOD, WA, 98499-2757
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $8.51M
- **Initial approval:** $8.51M
- **Forgiven:** $8.66M (102%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $8.51M
- **Jobs reported:** 500
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*