# PPP loan: XTEK, INC.
> **$8.93M** approved 04/11/2020 · Paid in Full · Loan `3000857104`
## Borrower
- **Name:** XTEK, INC.
- **Address:** 11451 Reading Road, CINCINNATI, OH, 45241-2246
- **NAICS:** 332999
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.93M
- **Initial approval:** $8.93M
- **Forgiven:** $9.00M (101%)
- **Forgiveness date:** 01/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $8.93M
- **Jobs reported:** 497
## Lender
- **Originating:** LCNB National Bank
- **Servicing:** LCNB National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*