PPP Loan information for Xcel hermetic motor rewinding inc.

$90,244

Xcel hermetic motor rewinding inc. was initially approved for PPP Loan of amount $90,244, the current approved amount is $90,244. The loan was approved on 05/11/2020 by The Truist Bank reported 10 jobs and $90,244 was used to fund payroll.

Xcel hermetic motor rewinding inc. is Existing or more than 2 years old

PPP Loan Search / NC / Wadesboro / Xcel hermetic motor rewinding inc.

XCEL HERMETIC MOTOR REWINDING INC.

Date Approved

05/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

XCEL HERMETIC MOTOR REWINDING INC.

Borrower Address

2356 Bethel Road

Borrower City

Wadesboro

Borrower State

NC

Borrower Zip

28170

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90244.00

Current Approval Amount

90244.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wadesboro

Project County Name

ANSON

Project State

NC

Project Zip

28170-0001

CD

NC-08

Jobs Reported

10

NAICS Code

333415

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90244.00

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

91311.89

Forgiveness Date

07/15/2021

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