# PPP loan: EXCHANGE RESOURCES, INC.
> **$403K** approved 04/10/2020 · Paid in Full · Loan `2345077107`
## Borrower
- **Name:** EXCHANGE RESOURCES, INC.
- **Address:** 12121 Scripps Summit Parkway STE 170, SAN DIEGO, CA, 92131
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $403K
- **Initial approval:** $403K
- **Forgiven:** $406K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $403K
- **Jobs reported:** 25
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*