# PPP loan: REKALL.AI, INC.
> **$200K** approved 04/15/2020 · Paid in Full · Loan `1612367210`
## Borrower
- **Name:** REKALL.AI, INC.
- **Address:** 588 Broadway, Suite 503, New York, NY, 10012
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $191K (95%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Mortgage interest:** $14K
- **Utilities:** $1K
- **Jobs reported:** 12
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*