# PPP loan: XIT PAVING AND CONSTRUCTION, INC.
> **$933K** approved 04/05/2020 · Paid in Full · Loan `5200557003`
## Borrower
- **Name:** XIT PAVING AND CONSTRUCTION, INC.
- **Address:** 3934 S. Highway 287, WAXAHACHIE, TX, 75165-7453
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $933K
- **Initial approval:** $933K
- **Forgiven:** $940K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $933K
- **Jobs reported:** 78
## Lender
- **Originating:** Ennis State Bank
- **Servicing:** Ennis State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*