# PPP loan: MICRO RAM ELECTRONICS, INC.
> **$318K** approved 04/07/2020 · Paid in Full · Loan `7239367001`
## Borrower
- **Name:** MICRO RAM ELECTRONICS, INC.
- **Address:** 222 DUNBAR CT, OLDSMAR, FL, 34677-2932
- **NAICS:** 423690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $321K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Jobs reported:** 25
## Lender
- **Originating:** Flagship Bank
- **Servicing:** Flagship Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*