PPP Loan information for Xcel products incorporated

$178,525

Xcel products incorporated was initially approved for PPP Loan of amount $178,525, the current approved amount is $178,525. The loan was approved on 01/23/2021 by The Old National Bank reported 20 jobs and $178,525 was used to fund payroll.

Xcel products incorporated is Existing or more than 2 years old

PPP Loan Search / MN / Champlin / Xcel products incorporated

XCEL PRODUCTS INCORPORATED

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

XCEL PRODUCTS INCORPORATED

Borrower Address

8900 109th Ave N Ste 500

Borrower City

Champlin

Borrower State

MN

Borrower Zip

55316-3169

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

178525.00

Current Approval Amount

178525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Champlin

Project County Name

HENNEPIN

Project State

MN

Project Zip

55316-3169

CD

MN-03

Jobs Reported

20

NAICS Code

424110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

178524.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180618.39

Forgiveness Date

04/01/2022

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