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Rama Electric Inc.

Company Details

Name: Rama Electric Inc.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 04 Dec 2018 (6 years ago)
Identification Number: 001690485
ZIP code: 02881
County: Washington County
Principal Address: 61 CLARK LANE, KINGSTON, RI, 02881, USA
Purpose: INSTALL ALL ASPECTS OF ELECTRICAL INDUSTRY.

Industry & Business Activity

NAICS

238210 Electrical Contractors and Other Wiring Installation Contractors

This industry comprises establishments primarily engaged in installing and servicing electrical wiring and equipment. Contractors included in this industry may include both the parts and labor when performing work. These contractors may perform new work, additions, alterations, maintenance, and repairs. Learn more at the U.S. Census Bureau

Agent

Name Role Address
PAUL A. WARD, JR., ESQ. Agent 1130 TEN ROD ROAD SUITE D 302, NORTH KINGSTOWN, RI, 02852, USA

PRESIDENT

Name Role Address
SABRI RAMA PRESIDENT 61 CLARK LANE KINGSTON, RI 02881 USA

Filings

Number Name File Date
202452775950 Annual Report 2024-04-26
202333090130 Annual Report 2023-04-17
202211888240 Annual Report 2022-03-01
202194791210 Annual Report 2021-03-22
201930544750 Annual Report 2019-12-23
201882129870 Articles of Incorporation 2018-12-04

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3118328503 2021-02-23 0165 PPS 61 Clark Ln, Kingston, RI, 02881-1704
Loan Status Date 2022-01-20
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 92360
Loan Approval Amount (current) 92360
Undisbursed Amount 0
Franchise Name -
Lender Location ID 9551
Servicing Lender Name Bank of America, National Association
Servicing Lender Address 100 N Tryon St, Ste 170, CHARLOTTE, NC, 28202-4024
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Kingston, WASHINGTON, RI, 02881-1704
Project Congressional District RI-02
Number of Employees 9
NAICS code 238210
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 93088.76
Forgiveness Paid Date 2021-12-09
5567017709 2020-05-01 0165 PPP 61 CLARK LN, KINGSTON, RI, 02881-1704
Loan Status Date 2021-04-16
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 76900
Loan Approval Amount (current) 76900
Undisbursed Amount 0
Franchise Name -
Lender Location ID 9551
Servicing Lender Name Bank of America, National Association
Servicing Lender Address 100 N Tryon St, Ste 170, CHARLOTTE, NC, 28202-4024
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address KINGSTON, WASHINGTON, RI, 02881-1704
Project Congressional District RI-02
Number of Employees 10
NAICS code 238210
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 77553.12
Forgiveness Paid Date 2021-03-10

Date of last update: 27 Oct 2024

Sources: Rhode Island Department of State