PPP Loan information for Ranco construction inc

$532,500

Ranco construction inc was initially approved for PPP Loan of amount $532,500, the current approved amount is $532,500. The loan was approved on 02/26/2021 by The Newtek Small Business Finance, Inc. reported 36 jobs and $532,500 was used to fund payroll.

Ranco construction inc is Existing or more than 2 years old

RANCO CONSTRUCTION INC

Date Approved

02/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RANCO CONSTRUCTION INC

Borrower Address

2 Coleman Ct

Borrower City

Southampton

Borrower State

NJ

Borrower Zip

08088-3631

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

532500.00

Current Approval Amount

532500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southampton

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08088-3631

CD

NJ-03

Jobs Reported

36

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

532496.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

537144.58

Forgiveness Date

02/09/2022

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