# PPP loan: XAMAX INDUSTRIES, INC.
> **$446K** approved 04/05/2020 · Paid in Full · Loan `5564037001`
## Borrower
- **Name:** XAMAX INDUSTRIES, INC.
- **Address:** 63 SILVERMINE RD, SEYMOUR, CT, 06483-3915
- **NAICS:** 322121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $451K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $446K
- **Jobs reported:** 16
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*