PPP Loan information for Rancha, inc

$81,300

Rancha, inc was initially approved for PPP Loan of amount $81,300, the current approved amount is $81,300. The loan was approved on 04/07/2020 by The First State Bank of Middlebury reported 18 jobs and $81,300 was used to fund payroll.

Rancha, inc is Existing or more than 2 years old

RANCHA, INC

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RANCHA, INC

Borrower Address

60500 BREMEN HWY

Borrower City

MISHAWAKA

Borrower State

IN

Borrower Zip

46544-9304

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81300.00

Current Approval Amount

81300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISHAWAKA

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46544-9304

CD

IN-02

Jobs Reported

18

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60975.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20325.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71759.49

Forgiveness Date

12/03/2020

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