# PPP loan: FOXX DEVELOPMENT INC.
> **$193K** approved 05/11/2020 · Paid in Full · Loan `4811757401`
## Borrower
- **Name:** FOXX DEVELOPMENT INC.
- **Address:** 6689 PEACHTREE INDUSTRIAL BLVD Ste. B, PEACHTREE CORNERS, GA, 30092-4303
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $48K
- **Jobs reported:** 15
## Lender
- **Originating:** Loyal Trust Bank
- **Servicing:** Loyal Trust Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*