# PPP loan: RANCHAND WELDING & FABRICATION OPERATING CO. LLC
> **$2.00M** approved 02/20/2021 · Exemption 4 · Loan `2600968500`
## Borrower
- **Name:** RANCHAND WELDING & FABRICATION OPERATING CO. LLC
- **Address:** 1621 S Viceroy Ave, Odessa, TX, 79763-5017
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.79M (90%)
- **Forgiveness date:** 12/08/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 221
## Lender
- **Originating:** Sundown State Bank
- **Servicing:** Sundown State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*