# PPP loan: Q RANCH, LLC
> **$245K** approved 04/16/2020 · Paid in Full · Loan `2407527205`
## Borrower
- **Name:** Q RANCH, LLC
- **Address:** 16601 County Rd 8, WIGGINS, CO, 80654
- **NAICS:** 112111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Mortgage interest:** $26K
- **Utilities:** $6K
- **Debt interest:** $28K
- **Jobs reported:** 20
## Lender
- **Originating:** High Plains Bank
- **Servicing:** High Plains Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*