# PPP loan: RANCHO ENCANTADO, INC.
> **$826K** approved 04/28/2020 · Paid in Full · Loan `7942447210`
## Borrower
- **Name:** RANCHO ENCANTADO, INC.
- **Address:** 503 E MAIN ST, SANTA MARIA, CA, 93454
- **NAICS:** 115115
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $826K
- **Initial approval:** $826K
- **Forgiven:** $834K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $826K
- **Jobs reported:** 180
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*