# PPP loan: PRIORITY EXPRESS, INC.
> **$718K** approved 04/07/2020 · Exemption 4 · Loan `7553787007`
## Borrower
- **Name:** PRIORITY EXPRESS, INC.
- **Address:** 800 COTTAGE GROVE RD Bldg. #4, BLOOMFIELD, CT, 06002-3064
- **NAICS:** 492110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $718K
- **Initial approval:** $718K
- **Forgiven:** $346K (48%)
- **Forgiveness date:** 10/27/2021
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $718K
- **Jobs reported:** 55
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*