# PPP loan: REYLI INC.
> **$259K** approved 04/08/2020 · Paid in Full · Loan `8579477000`
## Borrower
- **Name:** REYLI INC.
- **Address:** 20202 Heritage Dr., Lakeville, MN, 55044-6869
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 31
## Lender
- **Originating:** The State Bank of Faribault
- **Servicing:** The State Bank of Faribault (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*