# PPP loan: RALOID CORPORATION
> **$1.21M** approved 04/27/2020 · Paid in Full · Loan `4251687209`
## Borrower
- **Name:** RALOID CORPORATION
- **Address:** 109 WABASH AVE, REISTERSTOWN, MD, 21136
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 80
## Lender
- **Originating:** EagleBank
- **Servicing:** EagleBank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*