# PPP loan: RANCHO VIEJO RESORTS MANAGEMENT, LLC
> **$476K** approved 04/10/2020 · Paid in Full · Loan `2350347110`
## Borrower
- **Name:** RANCHO VIEJO RESORTS MANAGEMENT, LLC
- **Address:** 1 RANCHO VIEJO DR., OLMITO, TX, 78575-9740
- **NAICS:** 713910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $476K
- **Initial approval:** $476K
- **Forgiven:** $482K (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Rent:** $57K
- **Mortgage interest:** $10K
- **Utilities:** $29K
- **Jobs reported:** 107
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*