# PPP loan: RAM, INC
> **$462K** approved 04/06/2020 · Paid in Full · Loan `6264947006`
## Borrower
- **Name:** RAM, INC
- **Address:** 2090 Columbiana Rd Suite-2600, VESTAVIA HILLS, AL, 35216-2100
- **NAICS:** 424410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $466K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $462K
- **Jobs reported:** 29
## Lender
- **Originating:** SouthPoint Bank
- **Servicing:** SouthPoint Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*