PPP Loan information for Ranco enterprises inc

$238,191

Ranco enterprises inc was initially approved for PPP Loan of amount $238,191, the current approved amount is $238,191. The loan was approved on 04/16/2021 by The Eastern Bank reported 17 jobs and $238,191 was used to fund payroll.

Ranco enterprises inc is Existing or more than 2 years old

PPP Loan Search / MA / Medford / Ranco enterprises inc

RANCO ENTERPRISES INC

Date Approved

04/16/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RANCO ENTERPRISES INC

Borrower Address

100 Hicks Ave

Borrower City

Medford

Borrower State

MA

Borrower Zip

02155-6319

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

238190.68

Current Approval Amount

238190.68

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Medford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-6319

CD

MA-05

Jobs Reported

17

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

238188.68

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

240764.46

Forgiveness Date

05/16/2022

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