# PPP loan: RLE EQUIPMENT INC
> **$612K** approved 04/09/2020 · Paid in Full · Loan `8895347009`
## Borrower
- **Name:** RLE EQUIPMENT INC
- **Address:** 457 R North Main St, MOSCOW, PA, 18444-9009
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $612K
- **Initial approval:** $612K
- **Forgiven:** $617K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $612K
- **Jobs reported:** 57
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*