PPP Loan information for Xcavators, inc.

$504,800

Xcavators, inc. was initially approved for PPP Loan of amount $504,800, the current approved amount is $504,800. The loan was approved on 01/14/2021 by The The Peoples Bank reported 44 jobs and $504,800 was used to fund payroll.

Xcavators, inc. is Existing or more than 2 years old

XCAVATORS, INC.

Date Approved

01/14/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

XCAVATORS, INC.

Borrower Address

20831A Highway 15

Borrower City

Falkner

Borrower State

MS

Borrower Zip

38629-9123

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

504800.00

Current Approval Amount

504800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39728

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

305 E Jefferson St

Servicing Lender City

RIPLEY

Servicing Lender State

MS

Servicing Lender Zip

38663-2021

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Falkner

Project County Name

TIPPAH

Project State

MS

Project Zip

38629-9123

CD

MS-01

Jobs Reported

44

NAICS Code

237310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

504794.00

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

39728

Originating Lender

The Peoples Bank

Originating Lender City

RIPLEY

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

507427.73

Forgiveness Date

07/26/2021

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