Xad, Inc.

$5,704,612 PPP Loan in New York, New York

Loan Details

Loan Number
9838897106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$5,704,612
Current Approval
$5,704,612
Forgiveness Amount
$5,786,853
Forgiveness Date
Sep 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Xad, Inc.
Address
One World Trade Center 60th Floor
ZIP Code
10007
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541890)
Business Age
Existing or more than 2 years old
Jobs Reported
325
Estimated Revenue
$36.4M
Rural/Urban
Urban
Congressional District
NY-10

Loan Use Breakdown

Payroll
$4,500,000
Mortgage Interest
$1,204,612

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Silicon Valley Bridge Bank NA

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