# PPP loan: RANCH PROPERTIES INC
> **$151K** approved 04/27/2020 · Paid in Full · Loan `4843587207`
## Borrower
- **Name:** RANCH PROPERTIES INC
- **Address:** 2618 COUNTY ROAD 1149, TYLER, TX, 75704-5614
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 11
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*