Rennco Automation Systems, Inc.

$263,800 PPP Loan in Holland, Ohio

Loan Details

Loan Number
7116627105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$263,800
Current Approval
$263,800
Forgiveness Amount
$265,318
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rennco Automation Systems, Inc.
Address
971 Hamilton Dr
State
Ohio
ZIP Code
43528-8211
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
OH-09

Loan Use Breakdown

Payroll
$197,850
Rent
$32,975
Utilities
$32,975

Lender Information

Servicing Lender
Signature Bank, National Association
Originating Lender
Signature Bank, National Association

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