# PPP loan: RONCO INDUSTRIES
> **$344K** approved 04/30/2020 · Charged Off · Loan `7953637301`
## Borrower
- **Name:** RONCO INDUSTRIES
- **Address:** 15401 COBALT ST, SYLMAR, CA, 91342
- **NAICS:** 423220
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $344K
- **Jobs reported:** 38
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*