As part of the Paycheck Protection Program RALCO INDUSTRIES, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RALCO INDUSTRIES, INC


Loan Amount	$1,341,000
BusinessName	RALCO INDUSTRIES, INC
Address	1025 DORIS RD
City	AUBURN HILLS
State	MI
Zip	48326
NAICSCode	333514
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	100
DateApproved	04/30/2020
Lender	First National Bank of Pennsylvania
CD	MI-11
BusinessName.clean	RALCO INDUSTRIES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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