# PPP loan: EXAGRID SYSTEMS, INC
> **$5.16M** approved 04/10/2020 · Paid in Full · Loan `1799907107`
## Borrower
- **Name:** EXAGRID SYSTEMS, INC
- **Address:** 350 CAMPUS DR 2-100, MARLBOROUGH, MA, 01752-3082
- **NAICS:** 523910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.16M
- **Initial approval:** $5.16M
- **Forgiven:** $5.22M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.13M
- **Mortgage interest:** $1.03M
- **Jobs reported:** 249
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*