# PPP loan: XTRACIT INC
> **$1.39M** approved 04/27/2020 · Paid in Full · Loan `4069877200`
## Borrower
- **Name:** XTRACIT INC
- **Address:** 9335 Harris Corners Parkway Suite 240, Charlotte, NC, 28269-3818
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.40M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.39M
- **Jobs reported:** 77
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*