PPP Loan information for El rancho hotel, inc.

$226,380

El rancho hotel, inc. was initially approved for PPP Loan of amount $226,380, the current approved amount is $226,380. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 70 jobs and $226,380 was used to fund payroll.

El rancho hotel, inc. is Existing or more than 2 years old

PPP Loan Search / NM / GALLUP / El rancho hotel, inc.

EL RANCHO HOTEL, INC.

Date Approved

04/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

EL RANCHO HOTEL, INC.

Borrower Address

1000 E Highway 66

Borrower City

GALLUP

Borrower State

NM

Borrower Zip

87301

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226380.00

Current Approval Amount

226380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GALLUP

Project County Name

MCKINLEY

Project State

NM

Project Zip

87301-0002

CD

NM-03

Jobs Reported

70

NAICS Code

721110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

226380.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

228970.79

Forgiveness Date

06/10/2021

;