# PPP loan: XO RESTAURANT ASSOCIATES LLC
> **$800K** approved 04/28/2020 · Charged Off · Loan `9726997205`
## Borrower
- **Name:** XO RESTAURANT ASSOCIATES LLC
- **Address:** 165 W. 42ND ST, NEW YORK, NY, 10036-6500
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $269K (34%)
- **Forgiveness date:** 01/28/2022
- **Status:** Charged Off
- **Term:** 13 months
## Use of funds
- **Payroll:** $693K
- **Rent:** $74K
- **Health care:** $34K
- **Jobs reported:** 68
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*