Rco Engineering, Inc.

$7,933,200 PPP Loan in Roseville, Michigan

Loan Details

Loan Number
6577427200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$7,933,200
Current Approval
$7,933,200
Forgiveness Amount
$8,026,856
Forgiveness Date
Jul 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rco Engineering, Inc.
Address
29200 Calahan Road
ZIP Code
48066-1849
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$130.9M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$6,346,582
Mortgage Interest
$1,586,618

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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