PPP Loan information for Xcel engineering inc

$337,825

Xcel engineering inc was initially approved for PPP Loan of amount $337,825, the current approved amount is $337,825. The loan was approved on 04/13/2020 by The Truist Bank reported 36 jobs and $337,825 was used to fund payroll.

Xcel engineering inc is Existing or more than 2 years old

XCEL ENGINEERING INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

XCEL ENGINEERING INC

Borrower Address

1066 COMMERCE PARK DR

Borrower City

OAK RIDGE

Borrower State

TN

Borrower Zip

37830-8026

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337825.00

Current Approval Amount

337825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK RIDGE

Project County Name

ANDERSON

Project State

TN

Project Zip

37830-8026

CD

TN-03

Jobs Reported

36

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

337825.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

339992.71

Forgiveness Date

12/15/2020

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