# PPP loan: UTXL, INC.
> **$474K** approved 04/13/2020 · Paid in Full · Loan `4586187105`
## Borrower
- **Name:** UTXL, INC.
- **Address:** 12200 N Ambassador Drive Suite 103, KANSAS CITY, MO, 64163-1200
- **NAICS:** 484230
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $474K
- **Initial approval:** $474K
- **Forgiven:** $479K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $379K
- **Rent:** $47K
- **Utilities:** $47K
- **Jobs reported:** 32
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*