# PPP loan: RENOVO MOTORS, INC.
> **$863K** approved 04/28/2020 · Paid in Full · Loan `6408807206`
## Borrower
- **Name:** RENOVO MOTORS, INC.
- **Address:** 1624 Dell Avenue Suite B, CAMPBELL, CA, 95008-6928
- **NAICS:** 336111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $863K
- **Initial approval:** $863K
- **Forgiven:** $872K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $863K
- **Jobs reported:** 35
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*