# PPP loan: RANCHO MILAGRO RECOVERY INC
> **$184K** approved 05/01/2020 · Paid in Full · Loan `1474187706`
## Borrower
- **Name:** RANCHO MILAGRO RECOVERY INC
- **Address:** 37235 PAINTED PONY RD, TEMECULA, CA, 92592
- **NAICS:** 112990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $248K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $35K
- **Jobs reported:** 200
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*