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
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