PPP Loan information for Rancho corona inc

$109,300

Rancho corona inc was initially approved for PPP Loan of amount $109,300, the current approved amount is $109,300. The loan was approved on 05/12/2020 by The Citizens Bank, National Association reported 20 jobs and $109,300 was used to fund payroll.

Rancho corona inc is Existing or more than 2 years old

RANCHO CORONA INC

Date Approved

05/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RANCHO CORONA INC

Borrower Address

290 West Main Street Suite 10

Borrower City

Northborough

Borrower State

MA

Borrower Zip

01532

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109300.00

Current Approval Amount

109300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northborough

Project County Name

WORCESTER

Project State

MA

Project Zip

01532-0001

CD

MA-02

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

109300.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63549.63

Forgiveness Date

08/19/2021

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