# PPP loan: XECUNET, LLC.
> **$160K** approved 04/15/2020 · Paid in Full · Loan `1827987205`
## Borrower
- **Name:** XECUNET, LLC.
- **Address:** 5744 Industry Ln Suite R, FREDERICK, MD, 21704
- **NAICS:** 541519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Utilities:** $40K
- **Jobs reported:** 16
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*