# PPP loan: RELAY2, INC
> **$269K** approved 04/30/2020 · Paid in Full · Loan `4716707301`
## Borrower
- **Name:** RELAY2, INC
- **Address:** 1525 McCarthy Boulevard, Milpitas, CA, 95035
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Rent:** $34K
- **Utilities:** $34K
- **Jobs reported:** 10
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*