# PPP loan: CORERX INC.
> **$2.88M** approved 04/09/2020 · Paid in Full · Loan `1118627101`
## Borrower
- **Name:** CORERX INC.
- **Address:** 14205 Myerlake Circle, CLEARWATER, FL, 33760-2824
- **NAICS:** 325412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $2.92M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.80M
- **Rent:** $70K
- **Utilities:** $7K
- **Jobs reported:** 183
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*