# PPP loan: RANCH HOPE
> **$1.20M** approved 04/10/2020 · Paid in Full · Loan `1949847109`
## Borrower
- **Name:** RANCH HOPE
- **Address:** 45 SAWMILL ROAD, ALLOWAY, NJ, 08001-0325
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Jobs reported:** 195
## Lender
- **Originating:** The Pennsville National Bank
- **Servicing:** The Pennsville National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*