# PPP loan: RELION INC
> **$813K** approved 04/07/2020 · Paid in Full · Loan `6874357003`
## Borrower
- **Name:** RELION INC
- **Address:** 24 Westside Drive, IOWA CITY, IA, 52246-4360
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $813K
- **Initial approval:** $813K
- **Forgiven:** $818K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $610K
- **Rent:** $51K
- **Mortgage interest:** $51K
- **Utilities:** $51K
- **Health care:** $51K
- **Jobs reported:** 56
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*