# PPP loan: PARTS DISTRIBUTION XPRESS INC.
> **$169K** approved 04/15/2020 · Paid in Full · Loan `8058657109`
## Borrower
- **Name:** PARTS DISTRIBUTION XPRESS INC.
- **Address:** 1019 4th Avenue, Tinicum Township, PA, 19029
- **NAICS:** 492110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Rent:** $20K
- **Health care:** $6K
- **Debt interest:** $7K
- **Jobs reported:** 23
## 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*