As part of the Paycheck Protection Program RANTEC POWER SYSTEMS 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.

RANTEC POWER SYSTEMS INC


Loan Amount	$2,887,900
BusinessName	RANTEC POWER SYSTEMS INC
Address	1173 LOS OLIVOS AVE
City	LOS OSOS
State	CA
Zip	93402
NAICSCode	334419
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	181
DateApproved	04/15/2020
Lender	Umpqua Bank
CD	CA-24
BusinessName.clean	RANTEC POWER SYSTEMS

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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