Ranchand Welding & Fabrication Operating Co., LLC

$3,394,900 PPP Loan in Odessa, Texas

Loan Details

Loan Number
7134697108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$3,394,900
Current Approval
$3,394,900
Forgiveness Amount
$3,440,790
Forgiveness Date
Jun 21, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Ranchand Welding & Fabrication Operating Co., LLC
Address
1621 South Viceroy Ave
City
Odessa
State
Texas
ZIP Code
79763-5017
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
254
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$3,394,900

Lender Information

Servicing Lender
Sundown State Bank
Originating Lender
Sundown State Bank

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