PPP Loan information for X-cel technologies inc

$784,200

X-cel technologies inc was initially approved for PPP Loan of amount $784,200, the current approved amount is $784,200. The loan was approved on 01/27/2021 by The First Merchants Bank reported 75 jobs and $784,200 was used to fund payroll.

X-cel technologies inc is Existing or more than 2 years old

PPP Loan Search / IL / Tinley Park / X-cel technologies inc

X-CEL TECHNOLOGIES INC

Date Approved

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

X-CEL TECHNOLOGIES INC

Borrower Address

7800 Graphic Dr

Borrower City

Tinley Park

Borrower State

IL

Borrower Zip

60477-6266

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

784200.00

Current Approval Amount

784200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tinley Park

Project County Name

WILL

Project State

IL

Project Zip

60477-6266

CD

IL-01

Jobs Reported

75

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

784195.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

792493.18

Forgiveness Date

02/25/2022

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