# PPP loan: RAMEN CONCEPTS 1, LLC
> **$255K** approved 04/07/2020 · Exemption 4 · Loan `7270307003`
## Borrower
- **Name:** RAMEN CONCEPTS 1, LLC
- **Address:** 222 East Bland Street, Suite C, CHARLOTTE, NC, 28203-5063
- **NAICS:** 236220
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $243K (95%)
- **Forgiveness date:** 09/23/2021
- **Status:** Exemption 4
- **Term:** 5 months
## Use of funds
- **Payroll:** $255K
- **Jobs reported:** 20
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*