# PPP loan: SPEX EXPRESS INC
> **$215K** approved 04/12/2020 · Paid in Full · Loan `3772867107`
## Borrower
- **Name:** SPEX EXPRESS INC
- **Address:** 2570 DeKalb Ave, SYCAMORE, IL, 60178-3109
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Rent:** $13K
- **Jobs reported:** 23
## Lender
- **Originating:** Resource Bank, National Association
- **Servicing:** Resource Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*