# PPP loan: X-WAVE INNOVATIONS INC.
> **$228K** approved 02/22/2021 · Paid in Full · Loan `3081438507`
## Borrower
- **Name:** X-WAVE INNOVATIONS INC.
- **Address:** 555 Quince Orchard Rd Ste 510, Gaithersburg, MD, 20878-1464
- **NAICS:** 541715
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 04/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 16
## Lender
- **Originating:** Nymeo FCU
- **Servicing:** Nymeo FCU (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*