# PPP loan: EXPRESS SERVICES RED WING, INC
> **$247K** approved 04/10/2020 · Paid in Full · Loan `1817137106`
## Borrower
- **Name:** EXPRESS SERVICES RED WING, INC
- **Address:** 910 MAIN ST, RED WING, MN, 55066-2231
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $59K
- **Jobs reported:** 19
## Lender
- **Originating:** First Farmers & Merchants Bank
- **Servicing:** First Farmers & Merchants Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*