# PPP loan: REGALIX INC
> **$250K** approved 04/27/2020 · Paid in Full · Loan `3960897200`
## Borrower
- **Name:** REGALIX INC
- **Address:** 2200 GENG ROAD, PALO ALTO, CA, 94303-3358
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Mortgage interest:** $31K
- **Utilities:** $31K
- **Jobs reported:** 18
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*