Loan deal to bring more jobs to Bonham
By Scott Harvey
Bonham – A Bonham manufacturer plans to expand following an agreement with the city's economic development corporation.
Renlita Overhead Doors has been operating in Bonham for more than three years. They employ 15 workers.
On Monday, the BEDC -through their USDA Revolving Loan Funds - agreed to loan Renlita more than $48,000. The money will be paid back over a seven year period at four percent interest, and is expected to improve the company's facility, plus add jobs.
Renlita Doors produces a range of door models, including commercial, industrial, residential and sliding doors.