# PPP loan: XACT METAL, INC.
> **$154K** approved 04/05/2020 · Paid in Full · Loan `5380937006`
## Borrower
- **Name:** XACT METAL, INC.
- **Address:** 200 INNOVATION BLVD ste 257, STATE COLLEGE, PA, 16803-6602
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 13
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*