Ranco Fertiservice, Inc.
$1,022,800 PPP Loan in Sioux Rapids, Iowa
Loan Details
- Loan Number
- 4529677005
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,022,800
- Current Approval
- $1,022,800
- Forgiveness Amount
- $1,007,750
- Forgiveness Date
- Jan 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ranco Fertiservice, Inc.
- Address
- 701 Hwy 71
- City
- Sioux Rapids
- State
- Iowa
- ZIP Code
- 50585-7705
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Manufacturing (333111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 84
- Estimated Revenue
- $22.0M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $800,000
- Rent
- $37,800
- Utilities
- $32,000
- Health Care
- $78,000
- Debt Interest
- $75,000
Lender Information
- Servicing Lender
- Community State Bank
- Originating Lender
- Community State Bank
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