# PPP loan: RLC ELECTRONIC SYSTEMS
> **$282K** approved 02/04/2021 · Paid in Full · Loan `3360458407`
## Borrower
- **Name:** RLC ELECTRONIC SYSTEMS
- **Address:** 10 Corporate Blvd, Sinking Spring, PA, 19608-8942
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $283K (100%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $282K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*