# PPP loan: XBR INC.
> **$163K** approved 04/15/2020 · Paid in Full · Loan `8064707107`
## Borrower
- **Name:** XBR INC.
- **Address:** 35-12 19th Avenue SUITE 2E, ASTORIA, NY, 11105
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $7K
- **Utilities:** $800
- **Jobs reported:** 10
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*