# PPP loan: RANCHO GRANDE, INC
> **$155K** approved 04/07/2020 · Paid in Full · Loan `6524637004`
## Borrower
- **Name:** RANCHO GRANDE, INC
- **Address:** 1104 Highway 76, CLARKSVILLE, TN, 37043-2442
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $15K
- **Utilities:** $15K
- **Jobs reported:** 26
## Lender
- **Originating:** Farmers Bank and Trust Company, Princeton, Kentucky
- **Servicing:** Farmers Bank and Trust Company, Princeton, Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*