COVID Stimulus Watch Individual Entry

Ownership Structure: publicly traded (ticker symbol XGSCI)

Facility Street Address: 3101 Grand Oak Drive

Facility City: LANSING

Facility State: MI

Facility Zip Code: 48911

Facility Congressional District: MI-08

Facility NAICS Code: 325180 : Other Basic Inorganic Chemical Manufacturing

Award Date: Apr 16, 2020

Award Type: loan

Jobs Reported at Time of Application: 25

Award Details: Company originally reported receiving $825,000 but then said the amount was reduced.

PPP Lender: PNC Bank, National Association

Program Name: Paycheck Protection Program ($150,000 and up)

Legislation: CARES

Awarding Agency: Small Business Administration

Parent Company: XG Sciences, Inc.

Headquartered in: Michigan

Parent Sector: industrial equipment

Parent Industry: graphene nanoplatelets

Employees (prior to pandemic): 58