# PPP loan: RULAI, INC
> **$447K** approved 04/27/2020 · Paid in Full · Loan `5647787205`
## Borrower
- **Name:** RULAI, INC
- **Address:** 1999 S bascom Ave Ste 270, Campbell, CA, 95008
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $447K
- **Initial approval:** $447K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $447K
- **Jobs reported:** 21
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*