# PPP loan: RANCH KING ENTERPRISES INC.
> **$476K** approved 02/23/2021 · Paid in Full · Loan `3195428502`
## Borrower
- **Name:** RANCH KING ENTERPRISES INC.
- **Address:** 32300 Northwestern Hwy Ste 200, Farmington Hills, MI, 48334-1501
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $476K
- **Initial approval:** $476K
- **Forgiven:** $483K (101%)
- **Forgiveness date:** 07/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $476K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*