# PPP loan: RNC INDUSTRIES, INC.
> **$714K** approved 05/01/2020 · Paid in Full · Loan `5590527707`
## Borrower
- **Name:** RNC INDUSTRIES, INC.
- **Address:** 2510 MILL CENTER PKWY STE 200, BUFORD, GA, 30518-3685
- **NAICS:** 326150
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $714K
- **Initial approval:** $72K
- **Forgiven:** $672K (94%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $714K
- **Jobs reported:** 45
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*