Date Approved
04/28/2020
SBA Office Code
0353
Processing Method
PPP
Borrower Name
X-WAVE INNOVATIONS, INC.
Borrower Address
555 Quince Orchard Rd, Suite 510
Borrower City
Gaithersburg
Borrower State
MD
Borrower Zip
20878-1464
Loan Status Date
09/25/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
247300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
71584
Servicing Lender Name
TransPecos Banks, SSB.
Servicing Lender Address
115 W 3rd St
Servicing Lender City
PECOS
Servicing Lender State
TX
Servicing Lender Zip
79772-3120
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
New Business or 2 years or less
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
MD-06
Jobs Reported
16
NAICS Code
541715
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
250466.81
Forgiveness Date
08/12/2021