# PPP loan: RANGER AVIATION ENTERPRISES, INC.
> **$263K** approved 04/05/2020 · Paid in Full · Loan `5225967004`
## Borrower
- **Name:** RANGER AVIATION ENTERPRISES, INC.
- **Address:** 8802 HANGER RD, SAN ANGELO, TX, 76904-4096
- **NAICS:** 481219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Mortgage interest:** $33K
- **Utilities:** $33K
- **Jobs reported:** 26
## Lender
- **Originating:** Texas State Bank
- **Servicing:** Texas State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*