# PPP loan: XTC MOTORSPORTS LLC
> **$189K** approved 04/07/2020 · Paid in Full · Loan `7511177003`
## Borrower
- **Name:** XTC MOTORSPORTS LLC
- **Address:** 925 N McQueen Rd Ste 101, GILBERT, AZ, 85233-2284
- **NAICS:** 441310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 29
## Lender
- **Originating:** Horizon Community Bank
- **Servicing:** Arizona Financial Credit Union (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*