# PPP loan: PROJECTXYZ, INC.
> **$1.40M** approved 04/05/2020 · Paid in Full · Loan `5506117003`
## Borrower
- **Name:** PROJECTXYZ, INC.
- **Address:** 1500 PERIMETER PKWY Suite 426, HUNTSVILLE, AL, 35806-3584
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 86
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*