# PPP loan: RELLE ELECTRIC CORP.
> **$552K** approved 05/06/2020 · Paid in Full · Loan `2727467406`
## Borrower
- **Name:** RELLE ELECTRIC CORP.
- **Address:** 26 SAWGRASS DRIVE, BELLPORT, NY, 11713
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $552K
- **Initial approval:** $552K
- **Forgiven:** $557K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $552K
- **Jobs reported:** 25
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*