PPP Loan information for Rancho corp

$79,995

Rancho corp was initially approved for PPP Loan of amount $79,995, the current approved amount is $79,995. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 22 jobs and $79,995 was used to fund payroll.

Rancho corp is New Business or 2 years or less

RANCHO CORP

Date Approved

04/30/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

RANCHO CORP

Borrower Address

161 N Main St.,

Borrower City

Brighton

Borrower State

CO

Borrower Zip

80601

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79995.00

Current Approval Amount

79995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Brighton

Project County Name

ADAMS

Project State

CO

Project Zip

80601-0001

CD

CO-08

Jobs Reported

22

NAICS Code

445110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79995.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80812.73

Forgiveness Date

05/17/2021

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