Ralco Industries

$1,330,700 PPP Loan in Auburn Hills, Michigan

Loan Details

Loan Number
1466788302
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$1,330,700
Current Approval
$1,330,700
Forgiveness Amount
$1,339,756
Forgiveness Date
Sep 29, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ralco Industries
Address
1025 Doris Rd
ZIP Code
48326-2614
Business Type
Corporation
Industry (NAICS)
Manufacturing (336370)
Business Age
Existing or more than 2 years old
Jobs Reported
91
Estimated Revenue
$23.8M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,330,698
Utilities
$1

Lender Information

Servicing Lender
Capitol National Bank
Originating Lender
Capitol National Bank

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