PPP Loan information for Rennco automation systems, inc.

$263,800

Rennco automation systems, inc. was initially approved for PPP Loan of amount $263,800, the current approved amount is $263,800. The loan was approved on 04/14/2020 by The Signature Bank, National Association reported 21 jobs and $263,800 was used to fund payroll.

Rennco automation systems, inc. is Existing or more than 2 years old

PPP Loan Search / OH / HOLLAND / Rennco automation systems, inc.

RENNCO AUTOMATION SYSTEMS, INC.

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

RENNCO AUTOMATION SYSTEMS, INC.

Borrower Address

971 HAMILTON DR

Borrower City

HOLLAND

Borrower State

OH

Borrower Zip

43528-8211

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263800.00

Current Approval Amount

263800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

LUCAS

Project State

OH

Project Zip

43528-8211

CD

OH-09

Jobs Reported

21

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32975.00

Payroll Proceed

197850.00

Mortgage Interest Proceed

0.00

Rent Proceed

32975.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265317.75

Forgiveness Date

11/23/2020

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