# PPP loan: PROEX INC.
> **$338K** approved 02/12/2021 · Paid in Full · Loan `7797568406`
## Borrower
- **Name:** PROEX INC.
- **Address:** 5403 S Dort Hwy, Grand Blanc, MI, 48507-4492
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 07/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $338K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*