# PPP loan: XPRESS RECYCLING, INC
> **$723K** approved 04/05/2020 · Paid in Full · Loan `5547687006`
## Borrower
- **Name:** XPRESS RECYCLING, INC
- **Address:** 137 VAIL ACRES ST, VIDALIA, LA, 71373-3524
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $723K
- **Initial approval:** $723K
- **Forgiven:** $728K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $681K
- **Rent:** $26K
- **Mortgage interest:** $5K
- **Utilities:** $12K
- **Jobs reported:** 71
## Lender
- **Originating:** Delta Bank
- **Servicing:** Delta Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*