# PPP loan: XSE GROUP INC
> **$1.12M** approved 02/01/2021 · Paid in Full · Loan `1407668410`
## Borrower
- **Name:** XSE GROUP INC
- **Address:** 35 Phil Mack Dr, Middletown, CT, 06457-1567
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.14M (102%)
- **Forgiveness date:** 04/12/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.12M
- **Utilities:** $1
- **Jobs reported:** 99
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*