# PPP loan: RAMCO ROUSTABOUT, INC
> **$585K** approved 04/07/2020 · Paid in Full · Loan `6580847002`
## Borrower
- **Name:** RAMCO ROUSTABOUT, INC
- **Address:** 1401 E. 3RD STREET, BIG LAKE, TX, 76932-0241
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $585K
- **Initial approval:** $585K
- **Forgiven:** $589K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $585K
- **Jobs reported:** 31
## 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*