# PPP loan: PSX, INC.
> **$433K** approved 04/09/2020 · Paid in Full · Loan `1060947110`
## Borrower
- **Name:** PSX, INC.
- **Address:** 150 NEW CAMELLIA BLVD, COVINGTON, LA, 70433-7812
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $433K
- **Initial approval:** $433K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Mortgage interest:** $25K
- **Utilities:** $8K
- **Jobs reported:** 31
## Lender
- **Originating:** First American Bank & Trust
- **Servicing:** First American Bank & Trust (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*