# PPP loan: XDUCE CORPORATION
> **$574K** approved 05/01/2020 · Paid in Full · Loan `5842707710`
## Borrower
- **Name:** XDUCE CORPORATION
- **Address:** 510 THORNALL ST STE 375, EDISON, NJ, 08837-2204
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $574K
- **Jobs reported:** 28
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*