# PPP loan: RANCH INC
> **$411K** approved 04/11/2020 · Paid in Full · Loan `3351627107`
## Borrower
- **Name:** RANCH INC
- **Address:** 14412 Clayton Road, BALLWIN, MO, 63011-2713
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Rent:** $33K
- **Utilities:** $11K
- **Jobs reported:** 108
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*