# PPP loan: RANCO CONSTRUCTION INC
> **$529K** approved 05/01/2020 · Paid in Full · Loan `9944717701`
## Borrower
- **Name:** RANCO CONSTRUCTION INC
- **Address:** 2 Coleman Ct, Southampton, NJ, 08088-3631
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $537K (102%)
- **Forgiveness date:** 11/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $529K
- **Jobs reported:** 35
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*