# PPP loan: LEXPLASTICS, INC.
> **$436K** approved 04/16/2020 · Paid in Full · Loan `2367237206`
## Borrower
- **Name:** LEXPLASTICS, INC.
- **Address:** 1086 BRENTWOOD CT, LEXINGTON, KY, 40511
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $439K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Utilities:** $30K
- **Health care:** $50K
- **Debt interest:** $20K
- **Jobs reported:** 45
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*