# PPP loan: GENXCOMM, INC.
> **$678K** approved 04/15/2020 · Paid in Full · Loan `1377417200`
## Borrower
- **Name:** GENXCOMM, INC.
- **Address:** 10000 Metric Blvd Suite 200, Austin, TX, 78758
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $678K
- **Initial approval:** $678K
- **Forgiven:** $681K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $542K
- **Rent:** $68K
- **Utilities:** $68K
- **Jobs reported:** 35
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*