# PPP loan: RELCO LLC
> **$1.72M** approved 04/05/2020 · Paid in Full · Loan `5117947001`
## Borrower
- **Name:** RELCO LLC
- **Address:** 2331 3RD AVE SW, WILLMAR, MN, 56201-3839
- **NAICS:** 551112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.72M
- **Initial approval:** $1.72M
- **Forgiven:** $1.74M (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.72M
- **Jobs reported:** 111
## Lender
- **Originating:** Heritage Bank, National Association
- **Servicing:** Heritage Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*