PPP Loan information for Ranchand welding & fabrication operating co., llc

$3,394,900

Ranchand welding & fabrication operating co., llc was initially approved for PPP Loan of amount $3,394,900, the current approved amount is $3,394,900. The loan was approved on 04/14/2020 by The Sundown State Bank reported 254 jobs and $3,394,900 was used to fund payroll.

Ranchand welding & fabrication operating co., llc is Existing or more than 2 years old

PPP Loan Search / TX / ODESSA / Ranchand welding & fabrication operating co., llc

RANCHAND WELDING & FABRICATION OPERATING CO., LLC

Date Approved

04/14/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

RANCHAND WELDING & FABRICATION OPERATING CO., LLC

Borrower Address

1621 SOUTH VICEROY AVE

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79763-5017

Loan Status Date

07/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3394900.00

Current Approval Amount

3394900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71947

Servicing Lender Name

Sundown State Bank

Servicing Lender Address

1722 Ave H

Servicing Lender City

LEVELLAND

Servicing Lender State

TX

Servicing Lender Zip

79336

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ODESSA

Project County Name

ECTOR

Project State

TX

Project Zip

79763-5017

CD

TX-11

Jobs Reported

254

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3394900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

71947

Originating Lender

Sundown State Bank

Originating Lender City

LEVELLAND

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3100448.24

Forgiveness Date

07/23/2021

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