# PPP loan: THE RANCH - DES PERES, INC.
> **$409K** approved 04/08/2020 · Paid in Full · Loan `7959177001`
## Borrower
- **Name:** THE RANCH - DES PERES, INC.
- **Address:** 11769 Manchester Road, Des Peres, MO, 63121
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $352K
- **Rent:** $44K
- **Utilities:** $13K
- **Jobs reported:** 99
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*