PPP Loan information for Ranco fertiservice, inc.

$1,022,800

Ranco fertiservice, inc. was initially approved for PPP Loan of amount $1,022,800, the current approved amount is $1,022,800. The loan was approved on 04/03/2020 by The Community State Bank reported 84 jobs and $1,022,800 was used to fund payroll.

Ranco fertiservice, inc. is Existing or more than 2 years old

PPP Loan Search / IA / SIOUX RAPIDS / Ranco fertiservice, inc.

RANCO FERTISERVICE, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RANCO FERTISERVICE, INC.

Borrower Address

701 Hwy 71

Borrower City

SIOUX RAPIDS

Borrower State

IA

Borrower Zip

50585-7705

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1022800.00

Current Approval Amount

1022800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24536

Servicing Lender Name

Community State Bank

Servicing Lender Address

1812 Hwy Blvd

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIOUX RAPIDS

Project County Name

CLAY

Project State

IA

Project Zip

50585-7705

CD

IA-04

Jobs Reported

84

NAICS Code

333111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32000.00

Payroll Proceed

800000.00

Mortgage Interest Proceed

0.00

Rent Proceed

37800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

78000.00

Debt Interest Proceed

75000

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

24536

Originating Lender

Community State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1007750.00

Forgiveness Date

01/15/2021

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