# PPP loan: CHARLES AHLEM RANCH
> **$428K** approved 04/13/2020 · Paid in Full · Loan `5080177110`
## Borrower
- **Name:** CHARLES AHLEM RANCH
- **Address:** 23546 W AMERICAN AVE, HILMAR, CA, 95324-9627
- **NAICS:** 112120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $463K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $428K
- **Jobs reported:** 38
## Lender
- **Originating:** Farmers & Merchants Bank of Central California
- **Servicing:** Farmers & Merchants Bank of Central California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*