# PPP loan: XYBION ELECTRONIC SYSTEMS CORP
> **$1.04M** approved 04/07/2020 · Paid in Full · Loan `7545827006`
## Borrower
- **Name:** XYBION ELECTRONIC SYSTEMS CORP
- **Address:** 2000 LENOX DR, LAWRENCE TOWNSHIP, NJ, 08648-2307
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Jobs reported:** 51
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*