# PPP loan: XYNTEK INCORPORATED
> **$643K** approved 04/27/2020 · Paid in Full · Loan `4039097201`
## Borrower
- **Name:** XYNTEK INCORPORATED
- **Address:** 11 Penns Trl, Newtown, PA, 18940-4800
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $643K
- **Initial approval:** $643K
- **Forgiven:** $649K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $643K
- **Jobs reported:** 38
## 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*