PPP Loan information for Ranco construction inc

$528,700

Ranco construction inc was initially approved for PPP Loan of amount $528,700, the current approved amount is $528,700. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 35 jobs and $528,700 was used to fund payroll.

Ranco construction inc is Existing or more than 2 years old

RANCO CONSTRUCTION INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RANCO CONSTRUCTION INC

Borrower Address

2 Coleman Ct

Borrower City

Southampton

Borrower State

NJ

Borrower Zip

08088-3631

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

528700.00

Current Approval Amount

528700.00

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

35

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

528700.00

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

536968.28

Forgiveness Date

11/30/2021

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