# PPP loan: GXYZ INC
> **$525K** approved 05/04/2020 · Charged Off · Loan `1342297408`
## Borrower
- **Name:** GXYZ INC
- **Address:** 12757 Southwest 49th Court, Miramar, FL, 33027
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $394K
- **Rent:** $66K
- **Utilities:** $66K
- **Jobs reported:** 27
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*