# PPP loan: XIGENT AUTOMATION SYSTEMS, INC.
> **$1.67M** approved 04/06/2020 · Paid in Full · Loan `6350697010`
## Borrower
- **Name:** XIGENT AUTOMATION SYSTEMS, INC.
- **Address:** 8303 GREEN MEADOWS DR, LEWIS CENTER, OH, 43035-9451
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.67M
- **Initial approval:** $1.67M
- **Forgiven:** $1.68M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.67M
- **Jobs reported:** 100
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*