# PPP loan: XIT FORD, INC.
> **$199K** approved 04/05/2020 · Paid in Full · Loan `5311947005`
## Borrower
- **Name:** XIT FORD, INC.
- **Address:** 1002 Liberal St, DALHART, TX, 79022-2916
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Utilities:** $50K
- **Jobs reported:** 16
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*