PPP Loan information for El rancho hotel inc

$285,414

El rancho hotel inc was initially approved for PPP Loan of amount $285,414, the current approved amount is $285,414. The loan was approved on 02/18/2021 by The U.S. Bank, National Association reported 60 jobs and $285,414 was used to fund payroll.

El rancho hotel inc is Existing or more than 2 years old

PPP Loan Search / NM / GALLUP / El rancho hotel inc

EL RANCHO HOTEL INC

Date Approved

02/18/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

EL RANCHO HOTEL INC

Borrower Address

1000 HISTORIC E

Borrower City

GALLUP

Borrower State

NM

Borrower Zip

87301

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

285414.00

Current Approval Amount

285414.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GALLUP

Project County Name

MCKINLEY

Project State

NM

Project Zip

87301

CD

NM-03

Jobs Reported

60

NAICS Code

721110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

285410.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

288767.61

Forgiveness Date

04/26/2022

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