# PPP loan: R.L.E. CORP.
> **$1.38M** approved 04/08/2020 · Paid in Full · Loan `8740007007`
## Borrower
- **Name:** R.L.E. CORP.
- **Address:** 1301 Broad Street, UTICA, NY, 13504
- **NAICS:** 722310
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $551K
- **Rent:** $827K
- **Jobs reported:** 126
## Lender
- **Originating:** Berkshire Bank
- **Servicing:** Berkshire Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*