El Rancho Hotel INC

$285,414 PPP Loan in Gallup, New Mexico

Loan Details

Loan Number
1302528505
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$285,414
Current Approval
$285,414
Forgiveness Amount
$288,768
Forgiveness Date
Apr 26, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
El Rancho Hotel INC
Address
1000 Historic E
City
Gallup
ZIP Code
87301
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$18.8M
Rural/Urban
Rural
Congressional District
NM-03

Loan Use Breakdown

Payroll
$285,410
Utilities
$1

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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