PPP Loan information for Ranchand welding & fabrication operating co. llc

$2,000,000

Ranchand welding & fabrication operating co. llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/20/2021 by The Sundown State Bank reported 221 jobs and $2,000,000 was used to fund payroll.

Ranchand welding & fabrication operating co. llc is Existing or more than 2 years old

PPP Loan Search / TX / Odessa / Ranchand welding & fabrication operating co. llc

RANCHAND WELDING & FABRICATION OPERATING CO. LLC

Date Approved

02/20/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

RANCHAND WELDING & FABRICATION OPERATING CO. LLC

Borrower Address

1621 S Viceroy Ave

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79763-5017

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71947

Servicing Lender Name

Sundown State Bank

Servicing Lender Address

1722 Ave H

Servicing Lender City

LEVELLAND

Servicing Lender State

TX

Servicing Lender Zip

79336

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79763-5017

CD

TX-11

Jobs Reported

221

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

71947

Originating Lender

Sundown State Bank

Originating Lender City

LEVELLAND

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1791120.01

Forgiveness Date

12/08/2021

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