MI RANCHITO LLC (DE) - 2020 PPP Loan Borrower Profile (# 1716018407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MI RANCHITO LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

1716018407

SBA Office Code

0341

Processing Method

PPS

Curent Loan Amount

$110,215

Date Loan was Approved

Feb 2, 2021

Amount Forgiven

$111,289.97

Date Loan was Forgiven

Jan 28, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

110,210

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Newark, DE

Project Location

Newark, DE

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

230

Business Age Description

Existing or more than 2 years old

Data Source: SBA.