# PPP loan: XI FASHION, INC.
> **$199K** approved 04/27/2020 · Paid in Full · Loan `5608307209`
## Borrower
- **Name:** XI FASHION, INC.
- **Address:** 2939 W AGUA FRIA FWY, PHOENIX, AZ, 85027-3927
- **NAICS:** 448150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $35K
- **Utilities:** $14K
- **Jobs reported:** 48
## Lender
- **Originating:** Centerstone SBA Lending, Inc.
- **Servicing:** Centerstone SBA Lending, Inc. (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*