# PPP loan: RANCO CONSTRUCTION INC
> **$533K** approved 02/26/2021 · Paid in Full · Loan `4817598507`
## Borrower
- **Name:** RANCO CONSTRUCTION INC
- **Address:** 2 Coleman Ct, Southampton, NJ, 08088-3631
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $533K
- **Initial approval:** $533K
- **Forgiven:** $537K (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $532K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*