PPP Loan information for El rancho, inc. #7

$105,487

El rancho, inc. #7 was initially approved for PPP Loan of amount $105,487, the current approved amount is $105,487. The loan was approved on 04/30/2020 by The Fifth Third Bank reported 16 jobs and $105,487 was used to fund payroll.

El rancho, inc. #7 is New Business or 2 years or less

EL RANCHO, INC. #7

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EL RANCHO, INC. #7

Borrower Address

770 E 16TH ST STE 50

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105487.00

Current Approval Amount

105487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HOLLAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49423-0002

CD

MI-02

Jobs Reported

16

NAICS Code

112990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105487.00

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106254.71

Forgiveness Date

02/01/2021

;