PPP Loan information for Xact tool inc

$125,485

Xact tool inc was initially approved for PPP Loan of amount $125,485, the current approved amount is $125,485. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 18 jobs and $125,485 was used to fund payroll.

Xact tool inc is Existing or more than 2 years old

PPP Loan Search / WI / SHELL LAKE / Xact tool inc

XACT TOOL INC

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

XACT TOOL INC

Borrower Address

115 INDUSTRIAL DR S

Borrower City

SHELL LAKE

Borrower State

WI

Borrower Zip

54871

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125485.00

Current Approval Amount

125485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELL LAKE

Project County Name

WASHBURN

Project State

WI

Project Zip

54871-0001

CD

WI-07

Jobs Reported

18

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125485.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

126394.77

Forgiveness Date

01/07/2021

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