# PPP loan: RAMCO ROUSTABOUT INC.
> **$596K** approved 01/26/2021 · Paid in Full · Loan `6303088302`
## Borrower
- **Name:** RAMCO ROUSTABOUT INC.
- **Address:** 1401 EAST 3RD STREET, BIG LAKE, TX, 76932
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $596K
- **Initial approval:** $596K
- **Forgiven:** $600K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $596K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** The First National Bank of Mertzon
- **Servicing:** The First National Bank of Mertzon (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*