PPP Loan information for 1st xit inc.

$38,887

1st xit inc. was initially approved for PPP Loan of amount $38,887, the current approved amount is $38,887. The loan was approved on 04/08/2020 by The Horizon Bank reported 3 jobs and $38,887 was used to fund payroll.

1st xit inc. is Existing or more than 2 years old

1ST XIT INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

1ST XIT INC.

Borrower Address

245 W Johnson Rd

Borrower City

LA PORTE

Borrower State

IN

Borrower Zip

46350

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38887.00

Current Approval Amount

38887.00

Undisbursed Amount

0.00

Franchise Name

Coldwell Banker

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LA PORTE

Project County Name

LA PORTE

Project State

IN

Project Zip

46350-0001

CD

IN-02

Jobs Reported

3

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2592.00

Payroll Proceed

31110.00

Mortgage Interest Proceed

2592.00

Rent Proceed

2593.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

39376.02

Forgiveness Date

07/26/2021

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