# PPP loan: RANCHERS COTTON OIL
> **$171K** approved 04/10/2020 · Paid in Full · Loan `2550167109`
## Borrower
- **Name:** RANCHERS COTTON OIL
- **Address:** 3636 E ASHLAN AVE, FRESNO, CA, 93726-3533
- **NAICS:** 311119
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 12
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*