# PPP loan: RANE NETWORK INC.
> **$1.92M** approved 04/15/2020 · Paid in Full · Loan `1789097207`
## Borrower
- **Name:** RANE NETWORK INC.
- **Address:** 510 5TH AVE FL 3 STE 318, NEW YORK, NY, 10036
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Forgiven:** $1.94M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.53M
- **Rent:** $198K
- **Utilities:** $29K
- **Health care:** $166K
- **Jobs reported:** 79
## 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*