# PPP loan: XCOAL ENERGY & RESOURCES
> **$1.60M** approved 01/31/2021 · Paid in Full · Loan `1052468409`
## Borrower
- **Name:** XCOAL ENERGY & RESOURCES
- **Address:** 1 Energy Pl Ste 9000, Latrobe, PA, 15650-9627
- **NAICS:** 423520
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.60M
- **Utilities:** $1
- **Jobs reported:** 66
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*