# PPP loan: RAMIREZ SERVICES & REPAIRS 1 CORP
> **$406K** approved 06/19/2020 · Charged Off · Loan `9047027902`
## Borrower
- **Name:** RAMIREZ SERVICES & REPAIRS 1 CORP
- **Address:** 11820 Southwest 170th Street, Miami, FL, 33177-2157
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Status:** Charged Off
- **Term:** 43 months
## Use of funds
- **Payroll:** $305K
- **Rent:** $102K
- **Jobs reported:** 28
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*