# PPP loan: XIT CONCRETE INC.
> **$285K** approved 04/11/2020 · Paid in Full · Loan `3213777108`
## Borrower
- **Name:** XIT CONCRETE INC.
- **Address:** 3212 US HWY 54, DALHART, TX, 79022-8011
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 24
## Lender
- **Originating:** Wellington State Bank
- **Servicing:** Wellington State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*