# PPP loan: XII BRANDS, LLC
> **$175K** approved 04/15/2020 · Paid in Full · Loan `8790877106`
## Borrower
- **Name:** XII BRANDS, LLC
- **Address:** 2925 NORTH AVE, RICHMOND, VA, 23222-3612
- **NAICS:** 315990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Rent:** $18K
- **Utilities:** $9K
- **Health care:** $6K
- **Debt interest:** $11K
- **Jobs reported:** 34
## Lender
- **Originating:** Locus Bank Inc
- **Servicing:** Locus Bank Inc (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*