# PPP loan: REX SYSTEMS INCORPORATED
> **$291K** approved 05/05/2020 · Paid in Full · Loan `1967587401`
## Borrower
- **Name:** REX SYSTEMS INCORPORATED
- **Address:** 10684  43RD AVE, CHIPPEWA FALLS, WI, 54729-6639
- **NAICS:** 334511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Jobs reported:** 23
## Lender
- **Originating:** The Northwestern Bank
- **Servicing:** The Northwestern Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*