# PPP loan: XYTECH SYSTEMS CORPORATION
> **$859K** approved 05/01/2020 · Paid in Full · Loan `3606187708`
## Borrower
- **Name:** XYTECH SYSTEMS CORPORATION
- **Address:** 9410 TOPANGA CANYON BLVD Suite 200, Chatsworth, CA, 91311
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $859K
- **Initial approval:** $859K
- **Forgiven:** $867K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $819K
- **Health care:** $40K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*