# PPP loan: RECRUITER EXCHANGE, INC.
> **$1.52M** approved 04/11/2020 · Paid in Full · Loan `3582567110`
## Borrower
- **Name:** RECRUITER EXCHANGE, INC.
- **Address:** 1900 JAY ELL DR, RICHARDSON, TX, 75081-1838
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Rent:** $304K
- **Jobs reported:** 318
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*