# PPP loan: LUXY TECHNOLOGIES INC.
> **$294K** approved 05/01/2020 · Paid in Full · Loan `7238797707`
## Borrower
- **Name:** LUXY TECHNOLOGIES INC.
- **Address:** 30 CONTROLS DR STE 2, SHELTON, CT, 06484-6157
- **NAICS:** 561510
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $294K
- **Initial approval:** $147K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Jobs reported:** 8
## 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*