PPP Loan information for Rancho grande 2 inc

$124,491

Rancho grande 2 inc was initially approved for PPP Loan of amount $124,491, the current approved amount is $124,491. The loan was approved on 06/08/2020 by The Truist Bank reported 14 jobs and $124,491 was used to fund payroll.

Rancho grande 2 inc is Existing or more than 2 years old

RANCHO GRANDE 2 INC

Date Approved

06/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RANCHO GRANDE 2 INC

Borrower Address

732 EDEN WAY SUITE AB

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124491.00

Current Approval Amount

124491.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-0001

CD

VA-03

Jobs Reported

14

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124491.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125531.88

Forgiveness Date

04/08/2021

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