# PPP loan: RANCON ASSET MANAGEMENT AND DEVELOPMENT INC.
> **$209K** approved 04/28/2020 · Charged Off · Loan `8803087203`
## Borrower
- **Name:** RANCON ASSET MANAGEMENT AND DEVELOPMENT INC.
- **Address:** 41391 KALMIA ST, MURRIETA, CA, 92562
- **NAICS:** 541219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $209K
- **Jobs reported:** 13
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*