# PPP loan: LA RANCHERA INC
> **$952K** approved 04/10/2020 · Paid in Full · Loan `1478847101`
## Borrower
- **Name:** LA RANCHERA INC
- **Address:** 7710 N Shepherd Dr 0.0, Houston, TX, 77088-6343
- **NAICS:** 311830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $952K
- **Initial approval:** $952K
- **Forgiven:** $964K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $714K
- **Utilities:** $238K
- **Jobs reported:** 112
## 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*