# PPP loan: X-TEAM LLC
> **$938K** approved 06/16/2020 · Charged Off · Loan `6399097901`
## Borrower
- **Name:** X-TEAM LLC
- **Address:** 2259 Beacon Landing Circle, Orlando, FL, 32824-4377
- **NAICS:** 236115
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $938K
- **Initial approval:** $938K
- **Status:** Charged Off
- **Term:** 42 months
## Use of funds
- **Payroll:** $703K
- **Rent:** $117K
- **Utilities:** $117K
- **Jobs reported:** 60
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*