Renovate America Inc. of Rancho Bernardo plans to lay off 83 employees by Oct. 30, according to the state Employment Development Department.
The state EDD said it received the notice of layoffs on Sept. 6.
Renovate America lends to homeowners. Its PACE product funds energy efficiency improvements; homeowners pay back the loan when paying their property tax bills. A newer product called Benji is an unsecured loan that funds any upgrade to a home.
The business announced on Sept. 19 that it had promoted Harold Lewis from chief operating officer to chief executive.