# PPP loan: RLO2 LLC
> **$220K** approved 05/01/2020 · Paid in Full · Loan `1556967708`
## Borrower
- **Name:** RLO2 LLC
- **Address:** 1527 W. State Hwy 114 500-288, GRAPEVINE, TX, 76051
- **NAICS:** 561499
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Rent:** $986
- **Utilities:** $673
- **Health care:** $6K
- **Jobs reported:** 21
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*