# PPP loan: EL RANCHERO OF HAGERSTOWN INC
> **$189K** approved 01/19/2021 · Paid in Full · Loan `1705938308`
## Borrower
- **Name:** EL RANCHERO OF HAGERSTOWN INC
- **Address:** 1715 Dual Hwy, Hagerstown, MD, 21740-6653
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $189K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** CNB Bank, Inc.
- **Servicing:** CNB Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*