# PPP loan: ACTION CREDIT EXPRESS
> **$195K** approved 04/14/2020 · Paid in Full · Loan `7409877103`
## Borrower
- **Name:** ACTION CREDIT EXPRESS
- **Address:** 110 S CHURCH ST, CENTER, TX, 75935-3866
- **NAICS:** 522390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $198K (102%)
- **Forgiveness date:** 11/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $10K
- **Utilities:** $5K
- **Jobs reported:** 26
## Lender
- **Originating:** BOM Bank
- **Servicing:** BOM Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*