# PPP loan: RANCO INDUSTRIES, INC.
> **$189K** approved 03/15/2021 · Paid in Full · Loan `2831278600`
## Borrower
- **Name:** RANCO INDUSTRIES, INC.
- **Address:** 3421 Rusk St, Houston, TX, 77003-3318
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 08/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 21
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*