# PPP loan: THE EXPRESS LANE CONVENIENCE STORES, INC.
> **$298K** approved 04/14/2020 · Exemption 4 · Loan `6795387101`
## Borrower
- **Name:** THE EXPRESS LANE CONVENIENCE STORES, INC.
- **Address:** 22208 TIMBERLAKE RD, LYNCHBURG, VA, 24502-7305
- **NAICS:** 445120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $244K (82%)
- **Forgiveness date:** 07/19/2021
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 52
## Lender
- **Originating:** Select Bank
- **Servicing:** Select Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*