# PPP loan: RELCO SYSTEMS INC.
> **$900K** approved 02/04/2021 · Paid in Full · Loan `2860968409`
## Borrower
- **Name:** RELCO SYSTEMS INC.
- **Address:** 7310 Chestnut Ridge Rd, Lockport, NY, 14094-3504
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $912K (101%)
- **Forgiveness date:** 06/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $900K
- **Jobs reported:** 76
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*