# PPP loan: AMERICAN EXPRESS TRADING, INC.
> **$300K** approved 05/22/2020 · Paid in Full · Loan `2165117806`
## Borrower
- **Name:** AMERICAN EXPRESS TRADING, INC.
- **Address:** 9716 Southwest Highway, Oak Lawn, IL, 60453-3615
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Rent:** $38K
- **Utilities:** $38K
- **Jobs reported:** 10
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*