# PPP loan: RANEW'S MANAGEMENT COMPANY, INC.
> **$1.50M** approved 04/06/2020 · Paid in Full · Loan `6242067001`
## Borrower
- **Name:** RANEW'S MANAGEMENT COMPANY, INC.
- **Address:** 1308 Highway 41 N, MILNER, GA, 30257-3734
- **NAICS:** 336211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Mortgage interest:** $276K
- **Utilities:** $100K
- **Jobs reported:** 160
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*