# PPP loan: XYLEM, INC.
> **$3.54M** approved 04/14/2020 · Paid in Full · Loan `7001557108`
## Borrower
- **Name:** XYLEM, INC.
- **Address:** 208 PLUME ST SUITE 250, NORFOLK, VA, 23510-1757
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.54M
- **Initial approval:** $3.54M
- **Forgiven:** $3.58M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.54M
- **Jobs reported:** 433
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*