# PPP loan: RESCAN INC
> **$250K** approved 05/01/2020 · Paid in Full · Loan `7083607701`
## Borrower
- **Name:** RESCAN INC
- **Address:** 547 Jefferson Avenue Suite 100, Redwood City, CA, 94063
- **NAICS:** 518210
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 12
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*