# PPP loan: XIQ, LLC
> **$648K** approved 01/29/2021 · Paid in Full · Loan `8263778301`
## Borrower
- **Name:** XIQ, LLC
- **Address:** 12862 Garden Grove Blvd Ste B, Garden Grove, CA, 92843-2021
- **NAICS:** 541513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $648K
- **Initial approval:** $648K
- **Forgiven:** $650K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $648K
- **Utilities:** $1
- **Jobs reported:** 66
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*